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Showing 2721 - 2730 of 7014 results for "Platform"

No evidence of fear-driven withdrawals so far: Fiducian

ALLY SELBY  |  THURSDAY, 26 MAR 2020
ASX-listed wealth and advice business Fiducian has assured its shareholders that none of its investors or superannuation members have been disadvantaged so far amid the COVID-19 pandemic. Work is currently ongoing for the acquisition of new financial ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... ownership of Sargon's regulatory operating businesses is finalised, OneVue told its investors in ASX filings yesterday. The platform business said the sale is expected to complete by March 31 or soon after, subject to satisfaction of conditions. Meanwhile ...

Challenger general manager jumps to boutique

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
It's reunion time at Yarra Capital Management, as Challenger's general manager of national accounts, research and platforms joins the team to work with an old colleague. Yarra Capital Management has hired Rommel Hacopian as a distribution manager ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
More than US$775 billion ($1.3 trillion) in assets were wiped out of mutual fund strategies in the US during February, representing a single-month decline of nearly 5%, according to Cerulli. The research found ETF assets also plunged in February, declining ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

First Sentier nabs Nikko executive

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
First Sentier has picked up another executive from Nikko Asset Management. Yesterday, Financial Standard reported Hendrie Koster was leaving his role as head of product strategy at Nikko Asset Management to follow new opportunities. Today, First Sentier ...

Hamish Douglass remains confident amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Magellan chair and chief investment officer Hamish Douglass believes COVID-19 could lead to near total economic shutdown, but says his global equities portfolio is well positioned to withstand the current volatile environment. To reduce risk, Douglass ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... Netwealth joint managing director Matt Heine told Financial Standard maintaining the cash rate at 0% would ensure the platform remains competitive. "Netwealth made the decision not to reduce cash rates based on a range of factors; to ensure we remain ...

Super fund calls social media companies to action

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
NZ Super has called on social media companies to do more to strengthen controls, one year on from the horrific Christchurch terror attack. Following the attack, more than one hundred global investors representing approximately US$7.5 trillion of assets-under-management ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... strong balance sheet". The rating comes atop a busy month for the firm to date. Earlier this week it awarded a $1 billion platform mandate to HUB24, as it transitions away from its own wrap platform. The deal will see ClearView migrate $1 billion from ...