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Showing 11 - 20 of 895 results for %22SMA platform%22

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... consumers about trading limits on their trading accounts, ensuring they are consistent with the operation of the trading platform The banking and finance sector saw the largest number of reports at 28, followed by superannuation with 11 reports, general ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... a super fund from a limited cohort that often have undisclosed commercial arrangements with the owner of the software platform. "Failing to appropriately inform employees of the full suite of options available to them, which critically includes the option ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... recession risk, along with the tech sector growth were key drivers for the strong equity performance and provides a positive platform for growth in 2024. Concerns around service inflation remaining elevated and geopolitical uncertainty around the US ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... Networking to our existing businesses of Accurium and (the recently announced) Solutions Centric." "The addition of the CARE SMA portfolios and the supporting client-centric advice processes provide new growth opportunities. There are material scale ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
Pallas Capital (Pallas) has established a new lending facility with funds managed by NYSE-listed alternatives firm Ares Management. The fund, dubbed Pallas Funding Trust No. 2 (PFT), has a total funding of $500 million approved by its funding partners. ...

Future Group commences organisational restructure

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... marketing departments into a singular group marketing function and streamlining administration and backend processes onto one platform. "Whilst we are undertaking more detailed consultations with our team members this week, we expect to finish the week ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... generating reports," he said. HUB24's Discover and CFS's Edge Accelerate are examples of next-generation propositions with cheaper SMA-based menus. These offerings, he said, leverage scale and manager relationships to deliver zero or discounted platform ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... a small number of tech platforms can come to dominate a field. There's one leading search engine, one leading retail platform, and three leading cloud providers," Gensler said. "I think due to the economies of scale and network effects at play we're ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... massive outflows, Powerwrap's total assets rose by 5% to $12.5 billion year on year. FUA for separately managed accounts (SMA) of $10.4 billion was up 16%. The SMA offering recorded quarterly net inflows of $159 million. Meanwhile, the Virtual Managed ...