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Showing 391 - 400 of 1272 results for "managed account"

Bellmont expands distribution capability

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... held roles with Credit Suisse, Russell Investments and Towers Perrin. Bell's new remit is growing Bellmont's managed account investment management offering and working closely with financial advice firms. He reports to founders Peter Bell and David ...

Macquarie Wrap SMAs surpass $5bn

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
Macquarie announced its separately managed accounts (SMAs) on the Macquarie Wrap platform have exceeded $5 billion in funds under administration. Macquarie said the milestone demonstrates the strength of its platform and the continued interest shown ...

Wells Fargo sells asset management business

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners for US$2.1 billion, while also offloading four of its closed-end funds. The sale includes Wells Fargo Bank N.A.'s ...

HUB24, Netwealth top platform rankings

JAMIE WILLIAMSON  |  MONDAY, 22 FEB 2021
... non-custodial functionality varies significantly across platforms, with Investment Trends saying Praemium's Virtual Managed Account (VMA) is currently the most comprehensive solution. "Other platforms are also providing strong competition, with HUB24's ...

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... funds under administration grew to $38.8 billion while funds under management grew $1.5 billion to $9.3 billion. Managed account inflows jumped $1.3 billion to $7.6 billion. The average account size increased to $440,000 as at 31 December 2020, with ...

Invest Blue offers managed account solution

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... Invest Blue has partnered with BT, in conjunction with Ironbark and Russell Investment Management, to develop a managed account solution for the advice firm's client base. The new suite of five managed portfolios, administered on BT Panorama, has been ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The managed accounts platform has recorded a 113% increase in net profit after tax from the first half of 2020 to $3 million, following the acquisition of Powerwrap. In its half-year results, Praemium reported a 69% jump in funds under administration ...

Evergreen launches stress testing tool

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... the advice process," he said. "It is not only an essential part of client reporting, it is a crucial element of managed account compliance. We think this is a unique tool in the adviser marketplace." The GreenVUE tool will allow advisers to run portfolios ...

Clime consolidates SMAs

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
... and Brett Spork. Clime also announced last year it had appointed Mercer as an investment adviser to support its managed account portfolios and acquired Madison Financial Group which has 100 advisers with $3 billion in funds under advice and around $34 ...

Longstanding Mason Stevens MD exits

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
Thomas Bignill has left his role as co-chief investment officer and managing director of Mason Stevens after being a founding member of the company 11 years ago. Bignill told Financial Standard he has left to pursue other opportunities earlier this ...