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Showing 141 - 150 of 153 results for "Managed discretionary account"

Industry uncertainty limits MDAs

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Lack of compliance understanding and industry-wide consensus is hindering advisers from using managed discretionary accounts to their full potential, but new reforms may soon push them into the spotlight, said Institute of Managed Accounts Providers. ...

Planners upscale with managed accounts

MICHELLE BALTAZAR  |  THURSDAY, 5 MAY 2011
... of managed accounts comes with a caveat. ASIC is currently reviewing the legislation relevant to Managed Discretionary Account (MDA) licensing. "The onus of responsibility on planners is much higher because of the transparency of these products," said ...

MDAs to expand SMSF footprint

ELISE BURGESS  |  TUESDAY, 15 MAR 2011
Managed discretionary accounts (MDA) operator, Investment Administration Services (IAS) has reported a surge in interest from adviser dealer groups over the last two years - particularly from those that cater for SMSFs. IAS enables advisers to manage ...

Advisers must justify complex products: ASIC

MATT WOODINGTON  |  MONDAY, 14 MAR 2011
ASIC will clamp down on the misuse of Managed Discretionary Accounts (MDAs) and increase scrutiny on advisers recommending capital guaranteed funds. A growing number of advisers are offering structured capital protected and capital guaranteed products. ...

INQ buys HUB24 for $20 million

MEDIA RELEASE  |  TUESDAY, 26 OCT 2010
... offering of SMA managers in the country, and offers users a combination of a wrap platform and a managed discretionary account service. Under the terms of the agreement, HUB24 shareholders will receive almost 267 million in new Investorfirst shares worth ...

HUB24 wins Sentry mandate

COMPANY RELEASE  |  MONDAY, 12 APR 2010
Sentry Group has appointed HUB24 to provide Unified Managed Accounts (UMA) for the dealership's 330 planners. Sentry is the first national dealer group client of HUB24, according to a press statement. Commenting on the appointment, Sentry chief executive ...

FPSA tenders for managed accounts

RUTH LIEW  |  MONDAY, 30 MAR 2009
... account service to their existing product repertoire. FPSA is also looking to introduce a limited managed discretionary account so advisers will be able to tailor clients' portfolios by moving funds when necessary into products within Netwealth's approved ...

Managed accounts expands asset mix

... MAs is if investors start comparing the cost between running a PDS-ruled product versus running a managed discretionary account (MDA). According to Heather, the price differential is a minimum of 15 basis points extra cost when a dealer group uses a ...

Aust Unity selects DSTi

Fund manager Australian Unity Investments (AUI) has chosen DSTi as its provider of front and middle office solutions, including unit pricing, client reporting and pre- and post-trade compliance. "The business required a solution that would meet its ...

Multiport MAs tops $200 million mark

CHRIS NICHOLLS  |  MONDAY, 8 OCT 2007
Self managed super fund services provider Multiport has announced it has passed the $200 million mark in funds under administration for its managed accounts. Multiport's managed accounts service is primarily used by boutique dealer groups, which offer ...