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Showing 1011 - 1020 of 8462 results for "Managed"

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... $1 million cash and additional $20 million over 18 months if certain milestones are met. Last year, Iress also sold its managed fund administration business to SS&C Technologies for $52 million. The current effective interest rate across Iress' drawn ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... have large portions of their funds that are. Mercer said it expects this to significantly decline, though not the assets managed through platforms. "It is likely that these 'surviving' platforms will be those that see a path to profitability while complying ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... has collaborated with leadership across the department to help enhance our investment platform." As of February 29, MFS managed assets totalling US$615.1 billion for individual and institutional investors globally.

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
A new report from State Street and Investment Trends found a record 25% of all new client inflows are placed into managed accounts. The proportion of advisers using them has more than tripled from 18% a decade ago to an equal record high of 56% now. ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
Fifteen self-managed super fund (SMSF) auditors have been reprimanded for performing in-house audits. The Australian Taxation Office (ATO) referred 15 SMSF auditors to ASIC following a review of files from audit firms. ASIC said it had concerns that ...

AMP upgrades North investment platform

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
... can also track the progress of trades and receive estimated completion dates for switches. As of February 28, North's managed portfolios have surpassed $14 billion, growing 66% year-over-year. Its retail menu includes 112 portfolios from 19 investment ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
According to the latest figures, there is now about $195 billion held in managed accounts - up $33 billion in the six months to December end. The IMAP Census of Managed Accounts FUM shows the total grew by some 20.47% in the six-month period to hit ...

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
Blossom, an Australian fixed income app, has launched Blossom Plus, a managed fund that offers access to bond investments with a target return of 7%. The new product is designed for investors who want to maximise the value of the savings made on their ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... exist on March 26, the fund manager told investors, as its "small size means that it has high running costs and cannot be managed in a cost-efficient way". "The fund has also been in outflow for a number of years, and we consider that there is little ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... Invest as its first external investment manager. Under this partnership, Rask Invest's clients will now have their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its ...