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Aus: Macquarie Financial Services Group launches next phase in retail growth.

Asia Africa Intelligence Wire

| June 19, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Asian Banker Journal)

The Macquarie Bank Financial Services Group today announced the next phase in its retail financial services growth.

Macquarie Financial Services Group Executive Director, Peter Maher, said the Group was formed in 2000 and now provides services to more than half a million retail clients and 15,500 independent financial advisers throughout the country.

The Group administers the largest Cash Management Trust in Australia, with $8.7 billion funds under management, and has one of the fastest growing Wrap accounts, with $6.2 billion funds under administration after only three years.

"Macquarie Financial Services …

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