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Showing 781 - 790 of 3996 results for "Administration"

HSBC wins ETF Securities mandate

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
ETF Securities has awarded a mandate for a range of services, including fund administration. The mandate covers middle-office, custody and fund administration services administered by the Australian provider of ETF Securities. The firm says it selected ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
... investors do not need to know the price of their transaction, they most likely will have these units sitting on an administration platform, which is a cost in itself," he said. Hybrid products now represent around 15% of the total market. Magellan was ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... suite of funds, Macquarie later axed 13 of the funds. Not long after, in September 2014, van Eyk entered voluntary administration and went into liquidation the following month. The maximum penalty for each offence is $340,000, five years in prison, or ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
... sub-plan. It said that transferring to YourChoice provides "the necessary scale to continue to deliver premier administration support and service", and with no changes for members. Rainmaker analysis of APRA's December 2021 data shows post-transfer ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
... of about 850,000 members. These members are expected to see a 25% reduction in fees, including no dollar-based administration fee and reduced percentage-based administration and investment fees. Mercer's existing members will also see their fees drop ...

Generation Life launches retirement income product

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
Generation Life has launched a new lifetime income solution on GBST's cloud-based wealth administration platform, Composer. The solution, Generation Life LifeIncome, will be available exclusively through financial advisers and is an investment-linked ...

Income Asset Management wins mandate

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
... mandate takes IAM's total assets administered to over $1.8 billion and increases its capital markets assets under administration by 24%, now sitting over $800 million. "We are delighted to have been successful in this tender process, which builds ...

Challenger details future strategy, plans JV

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
... technology-led, integrated front-to-back cloud-based investment operations platform. The initiative will provide investment administration as a service to Challenger, Fidante and third-party clients," Challenger said. Challenger's chief operating ...

Foresters appoints chief risk officer

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... record. His experience spans leading the governance, risk and compliance functions, as well as overseeing an in-house administration and call centre operation, a financial advice business, and a commercial lending business." She added that the chief ...