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Showing 41 - 50 of 895 results for %22SMA platform%22

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... 12% failed - but they represent 27% of the total funds under management in trustee-directed products both on and off-platform. Of the 96 trustee-directed products to fail, 20 are non-platform products (4%) and 76 are platform products (25%). Further ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... (FUA), up 9% on the year prior. It saw net inflows of $1.4 billion. As at June 30, Praemium's separately managed accounts (SMA) offering rose to $9.6 billion in FUA, having generated $865 million in net flows from an $8.1 billion base in 2022. While ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... weaker market conditions during the year, however, it continues to invest in growth opportunities, including its FCX platform, a secure DLT-based platform for investors and private companies." Despite the poor results, Magellan chief executive and managing ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... underway to build new relationships and increase net inflows from non-aligned financial adviser groups, in particular, through SMA administration services and wider adoption of our existing platforms and funds," Fiducian executive chair Indy Singh said. ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... products, saying Transact1 positions it well for further growth in demand down the line. Transact1 operates a cloud-based platform which hosts numerous superannuation funds, international banks, and Australia's big four. It offers investors an aggregated ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

IFM drops $50m on local infrastructure player

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... company. "IFM's relationships and networks, our alignment on strategy and ambition and our shared values provide the ideal platform for us to deliver outstanding returns for all SUPA investors," he said. IFM reported $217 billion in funds under management ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
The revamped platform offers a range of new services, including the ability to manage off-platform assets and custodial assets through the one account. Netwealth is relaunching the flagship Wealth Accelerator platform to better service the growing number ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
BlackRock Alternatives has secured over $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed ...

Macquarie shifts toward AI-first banking

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
In partnership with Google Cloud, Macquarie Bank said it will use new artificial intelligence and machine learning in its app to improve the client experience. The bank explained this includes "predictive analysis models" to provide targeted in-app ...