Industry
Paff shifted in AMP’s latest advice leadership change
David Akers, who was previously acting group executive of AMP’s advice business, will now lead the group’s advice business partnerships.
Matthew SmithMarch 6, 2019
Credit Suisse
Industry
Fund flows reflect royal commission backlash
Institutions that suffered the most reputational damage during the Hayne inquiry also suffered the biggest outflows from their platforms in the September quarter, data from Strategic Insight shows.
Matthew SmithJanuary 8, 2019
Regulation
Researchers warn against structured products
Research houses Morningstar and Lonsec have warned investors and advisers to avoid investing in complicated, opaque capital-protected products, following the Australian Securities and Investments Commission’s crack-down earlier this week on the mis-selling of products by investment banks Credit Suisse and UBS, and fund manager Instreet Investment. Morningstar co-head of fund research, Tim Murphy, said since […]
Leng YeowSeptember 5, 2013
Professional Standards
Timing is everything
Ray McGregor, Credit Suisse’s new managing director and head of private banking Australia, is no stranger to the industry, having spent several years developing sophisticated solutions for ultra-high-net-worth (UHNW) clients. Nonetheless, he faces a significant challenge in growing the business at a time of economic instability and bearish investor sentiment. Although the history of the […]
Professional PlannerDecember 7, 2008
On Practice
Swiss Elegance
As Australia’s wealth expands, Credit Suisse plans to be at the forefront of the growing prosperity by opening an on shore private bank. The global bank’s new operation is viewed as a key augmentation to Credit Suisse’s current investment bank and asset management arms, according to Shane Galligan, the bank’s head of investment products and […]
Professional PlannerSeptember 30, 2007