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Showing 291 - 300 of 6464 results for "Wrap"

Fidelity wholesale director departs

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
Fidelity International is hunting for a new head of wholesale sales for its Australian business after the incumbent left. Andrew Mathie finished up at Fidelity in late August, after two years with the company. Mathie worked directly with Fidelity managing ...

Former BTFG executive takes on new role

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... Shuttleworth spent almost 15 years with BTFG, ultimately heading up its platform and investment division consisting of BT Wrap, Asgard and BT Panorama. "Spitfire has an incredible opportunity. The Australia financial services market is being redefinbed ...

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... masterfunds market with $399.3 billion in funds under management and experienced 7.3% growth over the year. AMP had the biggest wrap growth (19.7%) followed by BT (16.9%) and Macquarie (11.6%). However, BT still dominates the market from an administrator ...

The importance of reducing risk

ELIZA BAVIN  |  THURSDAY, 26 SEP 2019
... ever to reduce risk in your portfolio to ensure the best outcomes for your clients. Speaking at the Copia Reporting Season Wrap Up lunch in Sydney, Vertium Asset Management's chief investment officer Jason Teh said retirees need to manage sequencing ...

AMP launches fee calculator

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... AMP has launched a new fee calculator allowing financial advisers and clients to produce fee calculations for its MyNorth wrap platform. Through a web-based calculator, advisers and clients enter their intended investment amount in either their super ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... financial year. The remaining $20 billion is split as about $14 billion from the intermediary channel (through master trust and wrap), $4.9 billion through direct retail or adviser-led (but not master trust and wrap) channels and the finally, the listed ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... and have grown strongly, we have also experienced significant growth in our Investor Directed Portfolio Service (IDPS or Wrap account) which now represents approximately 60% of our FUA and 70% of our annual net inflows," they added. They pointed out ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... entities and wraps - so a maximum of $5 million," he said. "They'll still let us run the money the way we're doing it - and a wrap do it the way they're doing it - but they'll change the capital requirements." Financial Standard understands the findings ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... administration were up slightly to $13.59 billion from $13.29 billion mainly due to market movement. It also launched a new wrap - the first product to be launched under the Xplore Wealth brand rather than its former name, managedaccounts.com.au. That ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...