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Showing 151 - 160 of 501 results for "netwealth"

HUB24, Netwealth top platform rankings

JAMIE WILLIAMSON  |  MONDAY, 22 FEB 2021
Investment Trends' latest look at the platforms space has seen HUB24 just inch out Netwealth for the lead when it comes to overall functionality. The 2020 Platform Benchmarking & Competitive Analysis Report sees HUB24 rank first for platform functionality ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... NAB Asset Servicing ($538.5bn), BNP Paribas ($475bn), State Street ($460.7bn), HSBC ($196.1bn), Clearstream ($70.9bn), Netwealth ($38.8bn) and BNY Mellon ($25.9bn). With total assets under custody growing 7.4% over the six months, ACSA chief executive ...

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... a 34.5% increase in statutory profit and a $4.5 billion rise in funds under administration in its half-year results. Netwealth's statutory profit reached $27.6 million and funds under administration grew to $38.8 billion while funds under management ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
The latest Netwealth The Advisable Australian report has revealed the attitudes of potential financial advice clients when it comes to brand affinity, finding that higher incomes bring higher expectations. The report found that increased household income ...

Netwealth names new director

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
Netwealth has welcomed a new independent non-executive director with over 25 years' experience in finance, consulting, and asset management. Kate Temby was appointed to the board effective yesterday and brings considerable financial services experience ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

Barrenjoey hires from Ord Minnett

KANIKA SOOD  |  WEDNESDAY, 20 JAN 2021
... covered listed financials including fund managers Magellan, Platinum and Pinnacle and platforms including HUB24 and Netwealth. Barrenjoey is 40% owned by Barrenjoey and 9.99% owned by Barclays. Magellan has a 4.99% voting interest and a board position ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... institutional platforms like IOOF, who were the most affected by the scheme. In individual platforms, Credit Suisse expects Netwealth to increase its market share from the current 3.8% to 7.5% in the next five years. It expects HUB24 to go from 5.1% ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... NAB Asset Servicing (14.1%), BNP Paribas (12.3%), State Street (10.7%), HSBC Bank (4.8%), RBC (3.4%), Ausmaq (1.6%), Netwealth (0.8%) and BNY Mellon (0.7%).