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MLC Limited

 

Company Name : MLC
Type : Subsidiary
Traded As : MLC
Industry : Finance and Insurance
Founded : 1886
HeadQuarters : Sydney, Australia
Key_People : Andrew Hagger, CEO
Products : Financial Services
WebSite : www.mlc.com.au
MLC is that the wealth management union of the National Australia Bank (NAB) and offers investment, retirement, insurance and individual wealth solutions to company and institutional customers.
MLC maintenance the establishment of quality financial information through financial planning systems including
  • NAB Financial Planning
  • Godfrey Pembroke
  • Garvan Financial Planning
  • MLC Financial Planning
  • Apogee Financial Planning
MLC succeeds more than $136.7 billion on behalf of single investors and company clients in Australia for the year end March 2013.
Using a 'manager of managers' security approach, MLC doesn't investment directly. Instead, MLC’s multi-manager choices mix the experience upto 39 leading investment managers from around the world. This approach offers investors access to a mixture of an individual selected hand-picked investment managers providing diversity across quality categories, inside quality categories and across investment designs.
The aim is to supply larger consistency of performance in variable market conditions compared to one manager and considerably scale back risk without compromising the general come back. MLC is one in every of the most important multi-managers within the world.
MLC grasps the figure 2 position for private insurance annual inforce premiums with 16.6% upon the market share, it is that the 2nd largest supplier of goods in Australia with 19.5% of global share.

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