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Showing 3021 - 3030 of 5260 results for "SCA"

BlackRock snares share of robo-adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
The world's largest fund manager is now a minority shareholder in a German-British robo-adviser as a means of further addressing the needs of clients and end-customers. Now holding a significant minority holding in online asset management company Scalable ...

Sequoia announces acquisition

KARREN VERGARA  |  TUESDAY, 20 JUN 2017
ASX-listed Sequoia Financial Group announced it will acquire Melbourne-based financial planning and accounting services firm InterPrac. Interprac "will add immediate scale, in particular to the SMSF Administration, Wealth Advisory and Investment Solutions ...

Managed funds platform launches

KARREN VERGARA  |  TUESDAY, 20 JUN 2017
Managed discretionary accounts provider MA Operator launched a platform aiming to be a low-cost alternative to traditional wraps and the unlisted managed funds platform mFund. MA Operator co-founder Shannon Bernasconi said uXchange enables advisers ...

BNP Paribas launches green trust

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
A new 'true to label' environmental offering from BNP Paribas Asset Management Australia will create significant investment opportunities for Australian and New Zealand investors. Forming the foundations of the BNP Paribas Environmental Equity Trust ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

Equip confirms merger, names CEO and directors

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
Industry super fund Equip confirmed its merger with the Rio Tinto Staff Superannuation Fund in a move which will double funds under management to $14 billion. Equip chair Andrew Fairley said since the earlier announcement that the funds were in merger ...

Link rebrands managed fund admin subsidiary

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
Link Group has rebranded the $43 billion managed fund administrator it acquired last year. White Outsourcing, purchased by Link from Steadfast Group in December 2016, will now be known as Link Fund Solutions and will be part of Link's Corporate Markets ...

Fintechs must collaborate, not disrupt: Report

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
Fintechs are failing to prove themselves and disrupt the financial services industry, and should instead seek to collaborate with the larger players, a new study shows. The joint report from consulting and technology company Capgemini and the University ...

Centuria consolidates funds

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Two of Centuria's listed property trusts will merge to create a $600 million fund aiming to be "the largest metropolitan office-focused REIT on the ASX." Centuria Metropolitan REIT (ASX: CMA) invests in office and industrial real estate at valued at ...

Greater adoption of tech in new world of advice

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2017
Advisers are allocating more of their annual budgets to fund technology solutions, with about three-quarters of advisers planning to spend and invest more in advice and financial planning technologies over the next 12 months. That is a key finding of ...