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Showing 21 - 30 of 57 results for "IMAP"

Managed accounts sector knuckles down on data standards

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
... Account Professionals has been established to cultivate a standard format for the transfer of managed account model data. IMAP chair Toby Potter said managers are currently finding it difficult to meet current proprietary requirements imposed by various ...

ASIC toughens MDA suitability rules

KARREN VERGARA  |  THURSDAY, 14 SEP 2017
... MDA service if found to be not suitable for the client, Wivell Plater said. The Institute of Managed Account Professionals (IMAP) is in discussions with ASIC about this issue and seeking to remove this requirement, because they are concerned about the ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
... accounting for $1.54 billion of overall growth. Other services such as IDPS schemes grew by 5.94% to $10.1 billion. While IMAP chair Toby Potter conceded about $4.1 billion of the growth came as a result of new MDA provider participants in the FUM Census ...

CFS knuckles down on managed accounts

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2017
... of that capability," Chun said. With Morgan Stanley predicting the managed accounts market to hit $60 billion by 2020, and IMAP's recent Managed Account FUM Survey estimating it to be worth $39.2 billion at present, CFS FirstWrap currently holds $6 billion ...

Managed accounts continue rapid surge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2017
... administration across platforms and wraps in Australia. That is the key finding of the Institute of Managed Account Professionals' (IMAP) latest Managed Accounts FUM Census, with the data showing a growth of $8.3 billion in the six months to 31 December ...

IMAP ensuring greater representation for MDAs

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2017
... authorisation, meeting in Sydney and Melbourne up to six times a year with a view to expand into other cities. To develop the forum, IMAP has formed a team of principals from a number of licensees with MDA authorisation. The group comprises: David Heather ...

IMAP expands advisory board

JAMIE WILLIAMSON  |  SUNDAY, 11 DEC 2016
The Institute of Managed Account Professionals (IMAP) has made a series of appointments to its advisory board. The appointments come as part of the association's growth strategy, leading on from IMAP chair Toby Potter's decision to take on a more full-time ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... managed accounts market in Australia having grown substantially to more than $31 billion since the inception of RG179 in 2004, IMAP says the new regulation is better aligned with current industry practice and demonstrates ASIC's ability to respond to ...

Managed accounts market likely bigger than thought

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... Morgan Stanley's $60 billion FUM by 2020 prediction, with data released by the Institute of Managed Accounts Professionals (IMAP) indicating the market has more than doubled since February 2015. Last February IMAP reported that the market exceeded $13 ...

Experts give insights at 2016 Managed Accounts Forum

JAMIE WILLIAMSON  |  SUNDAY, 11 SEP 2016
... in-depth discussion on the impact of implementing managed accounts and a wrap-up of the day's discussions, facilitated by IMAP's Toby Potter, followed by the opportunity for attendees to relax, unwind and network over drinks and canapA(C)s.