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Showing 31 - 40 of 178 results for "Cash management"

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
... from the termination of its external platform relationship with BT, $1.5 billion from the liquidation of IOOF's cash management fund and a $400 million one-off transfer from the cash management trust. The financial advice business saw outflows of $1.3 ...

Platform hires distribution lead

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
... establishing Macquarie Wrap, the Professional Series, and retail life insurance businesses, as well as leading the Cash Management Trust. Pettiona was the chief executive and co-founder of wealth management platform HUB24 for over five years.

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
... establishing Macquarie Wrap, the Professional Series, and retail life insurance businesses, as well as leading the Cash Management Trust. Prior to this, Roderick established HSBC Australia's corporate electronic banking service and re-established HSBC'S ...

Trading platform partners with Sharesight

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... offerings, both of which provide access to live ASX pricing and settle via individual HIN and individual Macquarie Bank cash management accounts. Marketech Focus is backed by OpenMarkets, which provides the share-trading functionality. Managing director ...

Deutsche Bank expands Australian operations

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
Deutsche Bank has launched a cash management business in Australia, adding 14 new staff including a head of cash product. In what the bank is describing as "a terrific boost for local employees", the new Australian business marks the 14 th in Asia Pacific ...

Mainstream expands private equity offering

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... by Mainstream's US clients, combining detailed financial statement reporting, a multicurrency general ledger, cash management, waterfall capabilities, integrated CRM, and a robust LP portal integrated in one complete system. Lo said Mainstream's ...

JBWere to continue using Praemium

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... 4000 international securities on 40 exchanges and many types of unlisted investments, bonds, managed funds and cash management accounts." The two initially partnered on client reporting and administration solution on JBWere's wealth management portfolios ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... management business saw outflows of $81 million, with Mota saying despite its MultiSeries, MultiMix fixed interest and cash management trusts seeing net inflows, it was not enough to offset losses in its other investment products. The addition of the ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... services head of payments and deposits, Olivia McArdle, said the bank decided to lift the interest rate on its cash management (CMA) accelerator account to 1.2% following the Reserve Bank of Australia's interest rate reduction. "Given the historical ...