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Showing 21 - 30 of 45 results for "Raiz"

Raiz appoints new chair

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Raiz Invest has announced the appointment of a new chair with a background in digital marketing focusing on growth companies. Kevin Moore is set to take the position of chair and non-executive director. He is a digital market specialist with a long ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
Micro-investing app Raiz has announced in its FY20 results that it's reorganising the executive team to better manage the business as it expands globally. Chief executive of Australia George Lucas has moved into the role of group chief executive with ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... positive result in such a volatile year is great news for members," Cbus chief investment officer Kristian Fok said. Elsewhere, Raiz Invest's superannuation offering has seen strong returns, with a 45.4% lift in funds under management over the past ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... portfolio, and demonstrate tangible time and cost savings to customers. So far, micro-saving services such as those offered by Raiz - with its 200,000 customers - have led the way for robo offerings locally, ensuring hope for budding robo providers. ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
Raiz Invest's super offering lost a further $2 million during the month of May, with Australians taking advantage of the government's early release scheme to preemptively access their retirement savings. Over the last three months, funds under management ...

Fees drop at Raiz

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The management fees on Raiz Invest's flagship fund have been cut in line with a drop in fees across two popular ETFs. Investors using the popular spare change investing app Raiz are set to benefit from lower management fees, after the firm passed on ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
The government's early release scheme shaved $4 million from Raiz Invest's superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ...

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
As the world's businesses contract, mobile investment platform Raiz has seen an influx of customers as it prepares to launch a cryptocurrency product. In the first three months of 2020, Raiz saw an increase of 3741 customers, despite global market volatility ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Raiz Invest said it is well placed to manage volatile market conditions because it collects both management and funds under management (FUM) fees from its customers. Raiz chief executive George Lucas said 66% of the company's revenue is generated ...