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Showing 1361 - 1370 of 7003 results for "Platform"

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... offload the MFA business to SS&C Technologies for $52 million. Proceeds from the sale will be used to pay down debt, with platform divestment a key part of Iress' refreshed strategy, originally announced in April, allowing it to focus on core business. ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... weaker market conditions during the year, however, it continues to invest in growth opportunities, including its FCX platform, a secure DLT-based platform for investors and private companies." Despite the poor results, Magellan chief executive and managing ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... the future," Leibowitz added. According to Investment Trends' H1 2023 report, Stake is now the third largest investment platform in Australia with more than $2.5 billion in assets under administration. Howie said Stake has been a pioneer in making the ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... "This work will be research and member-led - rather than trying to fit a member service offer into an existing technology platform. Technology must be shaped by what fund members need, and how they want to interact - not the other way around. "This will ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... reduction of $3.1 billion from FY22. The company attributed this decrease to high-net-worth clients redirecting funds to off-platform investments, notably term deposits. Throughout the year, Netwealth secured "new and important licensee and adviser relationships," ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... tangible asset (NTA) backing per security during the year to $10.88 at 30 June 2023. Dexus further added the AMP Capital platform acquisition impacted NTA per security by 26 cents as a result of transaction costs incurred and management rights and goodwill ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... with an open mind". The deal will "support the ongoing expansion of Stockspot's industry-leading digital advisory platform and cutting-edge technology and underscores Mirae Asset's commitment to driving innovative investment solutions on a global ...

MLC Life backs adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
MLC Life Insurance has assisted the launch of Risk Hub, a new support platform designed to help advisers excel in risk advice. Risk Hub was officially launched this month by founder and former Zurich Financial Services head of digital Marc Fabris. It ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
... partnered with Sandstone Insights to provide advisers with access to the latest equity research and analysis through the platform. AMP said the agreement is the first of its kind in the Australian platform market and reflects North's ongoing commitment ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...