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Showing 91 - 100 of 559 results for "Latter"

Demand for ETFs set to persevere

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... Morningstar predicts the shift to ETFs and industry funds from active managers is likely to persist, particularly as the latter underperformed passive funds amid the market downturn. "While some funds were recently reallocated to active managers, flows ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... their funds managed within three Rask investment portfolios through InvestSMART's professionally managed accounts. The latter is providing its back-end administrative, compliance, and technological platform. In an ASX announcement, InvestSMART anticipated ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... the AFR claiming US private equity investor Thoma Bravo is eyeing Iress sent investors into a tailspin, bumping up the latter's share price from $7.89 at 3:45pm yesterday, when the piece went online, to a high of $9.06 about 10 minutes later, forcing ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 9.5%. Total contributions increased by 11.7% to $172.6 billion while benefit payments rose 21.5% to $111.1 billion. The latter was the result of lump sum payments rising by 26.3% to $63.2 billion and pension payments increasing by 15.7% to $47.9 bill ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... regulator said it will continue to work closely with APRA to drive better practices in the superannuation industry, noting the latter's stated focus on investment governance. It also said the quality of advice provided by advisers could improve and that ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... in managed accounts and CFS's Edge dividing client accounts into sub-accounts were some standouts. With respect to the latter, Peker said this "simple yet high-impact innovation delivers greater flexibility and ease in implementing advice strategies." ...

Novigi completes QMV Solutions deal

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2024
Novigi has formally acquired QMV Solutions, including the latter's Investigate DQ software, for an undisclosed figure. Novigi delivers data and technology services to financial services companies including Mercer, Link and Vanguard Super. It said QMV ...

HUB24 sets sights on $100bn FUA

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... AGILE. It is currently transitioning about $4 billion in FUA to Equity Trustees after signing an agreement in which the latter will provide custodial platform administration and technology solutions. Up to $3.75 billion is expected to shift in the second ...

FEAL board welcomes Ian Patrick

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
Australian Retirement Trust chief investment officer Ian Patrick will replace Paul Watson on the board following the latter's resignation from Hostplus as group executive of member experience. Welcoming Patrick to the board, The Fund Executives ...