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Showing 1501 - 1510 of 3452 results for "Scale"

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... and technology services. "These strategic transactions are expected to enable HUB24 to offer significant improvements in scale, efficiency and product capability across platforms, data and technology services for licensees, advisers, accountants, stockbrokers ...

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... ideally suited to providing Aware Super unprecedented control, flexibility and a highly personalised member experience at scale to support their members for and in retirement." Sonata Alta is a new, digital-first operating model, underpinned by Bravura's ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... group's holding in Zip Co. of $212 million. In May, Westpac announced it will review its business units that did not deliver scale or returns, some of which were general and life insurance, and auto finance. Subsidiary BT has shut Wealth Connect and ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... process (people, process, parent, performance and price). Previously the first three pillars were rated on a three-point scale (positive, negative and neutral) but starting 1 November 2019, the ratings on these moved to five-point scale (high to low) ...

Invesco winds down fund

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
Invesco is winding down a listed property fund for wholesale investors as it fails to achieve scale. The Invesco Wholesale Global Property Securities Fund - Hedged had $62 million in assets at September end via two share classes, started in 2001 and ...

Wealth platform adds to board

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... distribution at Mortgage Choice to its board. David Zammit is joining the board of Stropro, as the one-year-old fintech looks to scale distribution. Zammit was previously Citi's head of banking and wealth management distribution in Australia and ...

Sunsuper cops rating downgrades

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... process (people, process, parent, performance and price). Previously the first three pillars were rated on a three-point scale - positive, negative and neutral but the ratings on these moved to five-point scale (high to low). "Morningstar's new ratings ...

Self-licensing on the horizon

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... grandfathered commissions ceasing from 1 January 2021, Cullen said advisers need to ensure licensees have the necessary scale and structure in place to manage the transition to new revenue models or they risk significant fee increases. "Advisers are ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... Finally, in May of this year Westpac announced it was reviewing its business units after determining several lack sufficient scale or where risk outweighed return. These included its wealth platforms, superannuation and retirement products, investments ...

Multi-boutique adds investment firms

JAMIE WILLIAMSON  |  FRIDAY, 16 OCT 2020
... time," he said. "However, the same factors that keep boutiques lean, nimble and aligned can also make reaching distribution scale a challenge. Mantis was built to bridge that gap and has been investing heavily in people and systems to create a world ...