NAB Combines Investment Consulting, Wealth Management Divisions To Create A New Advisory Business

Vanessa Doctor

27 March 2014

, to be responsible for the construction and ongoing management of all multi-manager sector portfolios and all diversified portfolios within NAB Group.

NAB's asset management business now covers investment advisory, research and portfolio management and direct investment management. It manages over A$130 billion ($119.7 billion) in funds for Australians.