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Showing 111 - 120 of 296 results for "New clients"

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... careful consideration and reflection, we have taken the difficult decision to close the Click & Invest service to new clients with immediate effect from 16 May 2019." "This decision has not been taken lightly, and we would like to thank you for your ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... growth, both in terms of geographical expansion but also assets under management on the InvestPro system, which with our new clients in Australia will be above $300 billion." Joining the Constellation family provides operational support, including 1,800 ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... chief executive, Australian wealth management Alex Wade said: "We're pleased to be reducing fees for existing and new clients of MyNorth - AMP's flagship wrap investment platform. "In the last 12 months we've continued to improve MyNorth, including adding ...

Former Arnhem partners join boutiques

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
... later, it was renamed to Arnhem Investment Management. Arnhem flagged its closure in mid-2018 when it stopped taking on new clients and wound down existing capabilities.

Mainstream board loses former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... private equity businesses. In the six months, Mainstream grew the number of funds it administers by 106 and added 25 new clients; 29 of the new funds under custody are in Australia. It now looks after a record 921 funds for 368 clients. Mainstream said ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... We couldn't generate sufficient deal flow in Australia," he said. "It turned out to generate a large number of new clients and an increased deal flow." He added that about 340 institutional investors work with IFM globally and 270 of those are offshore. ...

Managed accounts provider replaces Praemium

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... model, 37bps was Praemium's fee while 40bps was InvestSMART's. Starting yesterday, InvestSMART is putting new clients in the PMA solution but the complete transition will take a few months. InvestSMART is an ASX-listed company with a market cap ...

Bravura live on NZ bank

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... revenues. For FY18, the Sonata platform business brought in $122.5 million - up 32% over previous year. Bravura won new clients in UK, Australia, NZ and South Africa while investing $30 million in Sonata's development during the financial year - ...

Arnhem portfolio manager departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... Management retaining a 40% stake. News of Arnhem's planned closure came in June when it announced it would cease taking on new clients with a view to winding down existing capabilities. Shortly after BNP Paribas Asset Management sold its stake back to ...

Robo-advice not dead: GlobalData

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
... client's financial situation and risk profile before recommending a relevant investment option - is now closed to new clients.