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Showing 61 - 70 of 6464 results for "Wrap"

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
Apex Group has won a mandate to administer Diversa Trustees' $7 billion master trust business. Diversa will use Apex Superannuation going forward, part of which means utilising Iress' Acurity platform. Iress offloaded its superannuation business to ...

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... United Corporate Health to nib, and, most recently, the handover of Australian Unity Bank to Bank Australia, expected to wrap by year's end. As of June 2024, its bank had $1.4 billion in loans and $1.6 billion in deposits. Australian Unity's acquisitions ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
Clime Investment Management has struck two strategic partnerships it expects to add approximately $130 million in funds under management (FUM) and $750,000 in revenue over the next year. Clime attributed the new partnerships to its improving distribution ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... growth and higher asset-based fee income. In the period, it lost 11 advisers, which it described as natural attrition. The Wrap business recorded a 23.7% increase in UNPAT, coming in at $39.7 million. Net revenues were also up 2.7% at $142.5 million. ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... transformation, adding that there were no surprises. Meanwhile, addressing speculation about a potential bid for the CFS wrap platform, George said AMP is "certainly not looking for anything at the moment," but noted that if assets came to market, "we'd ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... SuitabilityHub managing director Recep Peker says. This is one of the main findings in SuitabilityHub's 2025 Platform Market Wrap report, which analysed 18 platforms and portfolio solutions. "One of the areas that a lot of advice practices struggle with ...

VFMC wraps up leadership changes

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Victorian Funds Management Corporation (VFMC) has fine-tuned its absolute returns team following an overhaul of the investment function late last year. The absolute returns team manages private credit and hedge fund exposures within client portfolios. ...

Magellan unveils refreshed leadership, investment team

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
Magellan Financial Group has made a raft of changes to both its C-suite and investments team, resulting in several key departures. The changes come as Magellan looks to execute on its strategic growth ambitions, including capitalising on its strategic ...

HNW advisers flock to private markets

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... high-net-worth individuals increasingly embracing evergreen structures. "These innovative funds, accessible via PDS and on wrap platforms, offer a perpetual investment horizon that aligns with long-term goals and provides efficient access to this traditionally ...