New boutique fund manager - Northward Capital - launches

National Australia Bank (NAB) Group today announced that it had entered into an agreement with Insurance Australia Group (IAG) to purchase the remaining in-house component of IAG’s Australian equities funds management operation and establish a new boutique fund manager, to be known as Northward Capital Pty Ltd.

Full details available in this Media Release.

For further information, please contact:
Stacey Mitchell
Manager, Media Relations
National Australia Bank Limited
T 02 9966 3035
M 0400 305 446

Yolanda Beattie
Senior Advisor, Group Corporate Affairs
Insurance Australia Group
T 02 9292 8260
M 0411 010 755