Wealth Management MC
Asset managers ‘hungry’ to contribute to climate change resolution
InvestorDaily While the asset management industry is “hungry” to tackle climate change, Janus Henderson says it cannot act alone. The asset management industry is hungry to play its part in resolving the existential risk of climate change, but it cannot solve this problem alone, Janus Henderson underlined at the COP26 summit in Glasgow this week. […]
Personalisation to Drive Future of WM
InvestorDaily The majority of wealth managers believe delivering more customised services to clients is essential to stay competitive, but a third are unable to deliver personalisation to the degree that they wish, according to a new survey. The Next-Generation Wealth Managers: Advancing Services and Personalisation with Technology report from Forbes insights and banking software company […]
ANZ experiments with AI underwriting
InvestorDaily ANZ Wealth has announced a collaboration with the University of Technology Sydney’s Advanced Analytics Institute (AAI) to explore the applications of artificial intelligence in insurance underwriting. ANZ and UTS will work together to understand the ways artificial intelligence can improve the client experience, according to a statement by UTS’ AAI. “This collaboration combines the expertise of UTS […]
KPMG names new head of wealth
InvestorDaily Former AWU national secretary Paul Howes has climbed up the ranks at KPMG to head up wealth management. Paul Howes, who previously headed up superannuation at KPMG, will now cover the full range of asset management and investment portfolio. Mr Howes will now oversee KPMG’s firm-wide services in wealth management including super, funds management, private equity […]
Technology: Friend or Foe in Wealth Management?
Last week we were catching up with a client working for one of the regions most prominent wealth management firms, and we discussed how digital disruption could be a huge game-changer for the industry over the next decade. The strategic use of technology could be the future of wealth management. Michael Cunningham We are seeing […]
Australia’s $54b pension fund seeks to expand private equity team
Deal Street Asia Australia’s second-biggest pension fund is expanding its private-equity team as it plans to boost returns at a time of high valuations in stocks and low bond yields. MLC Ltd., which oversees more than A$70 billion ($54 billion) in pension assets, is looking to hire two PE fund managers who will be based […]