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Showing 61 - 70 of 100+ results for "Managed accounts"

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
A specialist managed accounts platform has cut the administration fee on its superannuation offering. Wealth02 lowered the admin fee on its Super Simplifier by 3.3 basis points, capping fees at $1760 per member or $3630 across six family members. The ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... highlighted. In terms of opportunities and in meeting investor demand, Pinnacle pointed to the rising popularity of managed accounts, SMAs and quoted unit products. Affiliates participating in discrete managed accounts and SMAs recorded $250 million ...

Boutique hires from Deloitte

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
Boutique managed accounts provider Watershed Funds Management has appointed an equity analyst from Deloitte. Graeme Miller was a senior consultant in Deloitte's investment wealth and advisory practice. He was previously an analyst at Victor Smorgon ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... management offering." Nearly half the funds on Macquarie Wrap are in super and pension accounts, while separately managed accounts have surged from $3.3 billion in 2019 to $5 billion. The platform has an open-architecture approach which uses data and ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... was pipped at the post; Vanguard had the most inflows with 27% growth, while BetaShares had 26%. He added that managed accounts have been experiencing a very similar growth trajectory to ETPs, with about $80 billion now invested through managed accounts ...

Milford hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
... distribution, joining from Macquarie Bank where he was responsible for building and executing key account strategy in managed accounts and cash management. Regan van Berlo, who has been head of distribution, Australia since November 2018, will now serve ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... with $1 billion in funds under management (up $55 million from December quarter), including LIC, individually managed accounts, separately managed accounts, managed funds and mandates. Funds under advice were $3.1 billion (up $207 million from December ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... March 2020 as Netwealth shifted to a new pricing structure. Total funds under management (from managed funds and managed accounts) was $10.5 billion or 66.4% higher than March 2020 FUM of $6.3 billion. However, net FUM inflows were also slower than previous ...

Managed accounts prop up platforms

ANNABELLE DICKSON  |  FRIDAY, 16 APR 2021
The growth of managed accounts is the only segment of the platform market that has developed and without them platforms would be going backwards, new research shows. Rainmaker Information's latest Wholesale Advantage Report for the December 2020 quarter ...

Implemented Portfolios adds to team

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... Implemented Portfolios chair Greg Kirk said. "What we are seeing in the industry right now, particularly within managed accounts, is an increasing shift towards delivering a more personalised investment experience to investors based on individual preferences ...