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Showing 61 - 70 of 1200 results for %22Managed accounts%22

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
... build a formidable funds management business across formal discretionary funds, non-discretionary model bond managed accounts and Funds distribution business. "We have exited the 25% investment in an external fund manager, significantly reduced future ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... will finalise later this year. PPM, also know as BT Private Portfolio as per its website, offers individually managed accounts. It is distinct from BT's overall managed accounts business. "The addition of PPM allows us to service the entire investor ...

Iress outlines product-led growth strategy

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... Trading and Market Data, Paul Giles will serve as chief executive of Superannuation, John Harris will be chief executive of Managed Portfolio, and former Mine Super chief executive Harry Mitchell will head the Wealth Management division. In addition ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... management business, funds on the platform slightly rose to $123.1 billion or 4% year on year. Macquarie Wrap's managed accounts offering saw a 33% jump in funds under administration to $10.5 billion. Overall, Macquarie Group recorded a net profit ...

MA Financial acquires US credit manager

CHLOE WALKER  |  TUESDAY, 2 MAY 2023
... $2.5 billion held in credit. Coinciding with the purchase, MA Financial will launch the MA Global Private Credit Fund, managed by both investment teams in July. The initial focus for MA Financial will be on the specialty finance market, it said. Blue ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... Terence Rio Nugara advised clients to withdraw their superannuation from their existing funds and deposit it into self-managed superannuation funds he established for them. He allegedly told the clients the money would be invested in property developments ...

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... fund sector during the 2020 market contraction but underperformed in the ensuing bull market. The report, entitled Self-Managed super fund performance 2020/21, used data from Class, BGL Corporate Solutions and SuperConcepts on more than 310,000 unique ...

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
Clime Investment Management said it will increase investment in its managed accounts capability following strong client demand, while also flagging its first family office consulting mandate. In an update to the ASX, Clime said its total funds under ...

Lonsec nabs Franklin Templeton sales director

CHLOE WALKER  |  MONDAY, 24 APR 2023
... industry today." Since the acquisition of Implemented Portfolios, Wright added, Lonsec's distribution team and its managed accounts offering have both expanded. "We are excited about Marc joining the business to help take them to the next level," he ...

Love affair with managed accounts continues

CHLOE WALKER  |  TUESDAY, 4 APR 2023
The proportion of Australian financial advisers using managed accounts has more than tripled from 17% a decade ago to a record high of 56% now, according to the latest report by State Street and Investment Trends. The latest SPDR ETFs/ Investment Trends ...