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Showing 111 - 120 of 425 results for "netwealth"

BNY Mellon IM boutique heads for ASX mFunds

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... from both Zenith and Lonsec and so far has been available to non-institutional clients through BT, Macquarie, OneVue, Netwealth and HUB24 platforms. The company said the mFund addition is an important step in Insight Australia's goal of providing ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... Self Wealth said. It wasn't the only firm to notice an uptick. In its quarterly results released later in the week, Netwealth said the funds under administration on its platform increased by 19.4%, despite "negative market movement" of $3 billion. ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... the last two years, as the central bank cut the official cash rate five times since January 2019. Earlier this month, Netwealth and HUB24 cut their cash rates to zero following the Reserve Bank's rate cut to 0.50%. At the next rate cut, the two platforms ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday. Both platforms confirmed the decision to maintain rates at 0%. "Nothing has changed since last week for ...

Netwealth gains $9.5bn, reveals expansion plans

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
Netwealth's funds under administration grew by $9.5 billion in the first half of 2020, as the platform reveals plans to expand its distribution team. Netwealth reported FUA of $28.5 billion, an increase of $9.5 billion and net inflows for 1H2020 of ...

Netwealth leads the platform pack

ALLY SELBY  |  TUESDAY, 18 FEB 2020
Investment Trends has released the 16th edition of its Platform Benchmarking and Competitive Analysis Report, with Netwealth taking out the top gong. The wealth management platform led the pack for overall platform functionality, followed closely by ...

AustralianSuper PM joins fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2020
... existing strategies will become available on Powerwrap next month, while its small caps strategy will soon be added to Netwealth, Praemium and HUB24. Milford is also currently in discussion with Macquarie and BT.

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
Netwealth is looking to take advantage of growing demand among high net-worth and private wealth investors for sophisticated platform offerings, with plans afoot for the launch of a premium product within months. The $28 billion platform is set to launch ...

Platform ends year with hiring spree

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
... Meanwhile, Oliver jumped to Xplore from HUB24 where he was a business development manager. He's also previously worked at netwealth and IRESS. The platform has also appointed Rick Klink as ASX participant consultant. At the same time, Xplore's super ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... billion they were exceeded by corresponding outflows that jumped 16.5% to $164.6 billion. The growth in FUM was led by netwealth which has 31.3% boost, Xplore Wealth had the next best year for FUM growth with 8.8%, IOOF saw an 8% increase and Commonwealth/Colonial ...