Rothschild buys tour firm's stake

The asset management arm of Edmond De Rothschild Group, owned by the Rothschild family, said it had bought more than 5 percent of China CYTS Tours Holding Co Ltd, worth $54 million at present, and plans to increase its stake over the next 12 months.


ANZ Wealth: phone-based advisers to help with opt-in

ANZ Wealth is rolling out phone-based advisers who will contact clients on behalf of advisers to assist in opt-in requirements and scalable advice pressures, with plans to raise planner numbers significantly.