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Showing 221 - 230 of 1272 results for "managed account"

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
Investment Trends 2023 Platform Benchmarking Report has positioned HUB24 as the best full-function platform, narrowly outperforming Netwealth. In the report's analysis of platform developments aimed at supporting the provision of advice to clients ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The number of financial advisers authorised to advise on managed discretionary accounts (MDAs) has dropped just 6.1% in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there ...

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
Scarcity Partners has bought into an $8 billion asset manager that caters to private wealth firms. Scarcity acquired a 30% interest in Evidentia Group but did not disclose the dollar value. Evidentia works with private wealth firms to build investment ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
Insignia Financial has reported more than $300 billion in funds and named a chief client officer to run the newly created client wellbeing arm as it progresses its simplification strategy. In a quarterly update, Insignia said its funds under management ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... $10.4 billion was up 16%. The SMA offering recorded quarterly net inflows of $159 million. Meanwhile, the Virtual Managed Account Solution and Administration Services (VMAAS) grew at the same rate of 16% to end at $25.3 billion. "Inclusive of the core ...

Zenith welcomes group head of product

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
Zenith Investment Partners (Zenith) has appointed Matt Warren to the newly created role of group head of product. Warren brings over 15 years of experience to the role, having spent the last five years at Colonial First State (CFS) as its director of ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... Interest Duty obligations through low-cost and flexible solutions. "The Accelerate Series delivers a full-service managed account solution suitable for a wide range of clients, from accumulators to high-net-worth individuals," CFS group executive distribution ...

Advisers turning to cash, fixed income: Data

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
Financial advisers are increasingly leaning towards cash and fixed income, making up 15% of new client inflows this year, according to Investment Trends. The 2023 Adviser Product and Marketing Needs report revealed that one in four advisers recognise ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... introduced last month. "Currently, there is limited access to institutional grade leveraged FX hedging solutions for managed account investors due to the significant administrative, compliance and cost barriers. This means that typically if investors ...