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Showing 881 - 890 of 2503 results for "Platforms"

AMP Capital shutters global equities fund for platform investors

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... Dwindling assets under management have forced AMP Capital to close a global equities fund for wholesale investors on platforms. AMP Capital's wholesale global equity - growth fund for platform investors (Class M) was closed last Friday. The decision ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... of the CMA, including data feeds, online account opening, Adviser Initiated Payments and bulk transacting." As other platforms reduce their cash rate to lower or at most, RBA rates, McArdle says the 1.2% cash rate has garnered adviser interest. "Recently ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... sheet and is debt free. We are maintaining our cost discipline whilst ensuring that we continue to enhance our operating platforms for the benefit of the clients." Pendal's Australian business picked up about $4.2 billion in FX impact from lower ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... are currently charged on relevant products," the letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon said. A spokesperson for AMP said the majority of commissions are expected to be turned off in the first half ...

Count Financial adds tech integrations

ALLY SELBY  |  THURSDAY, 2 APR 2020
... the Commonwealth Bank in late 2019, the new tech integrations will remedy the lack of communication between accounting platforms and financial advice systems. "The integrations we have developed will see a significant progression in the ability of our ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... HUB24 cut their cash rates to zero following the Reserve Bank's rate cut to 0.50%. At the next rate cut, the two platforms stayed on hold instead of pushing cash management account rates to the negative territory.

No evidence of fear-driven withdrawals so far: Fiducian

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... have been encouraged for use by our financial planners and we have seen no evidence of fear driven withdrawers from our platforms so far," Fiducian said. "Client investments are being received and transacted and pensions and regular withdrawals are being ...

Challenger general manager jumps to boutique

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... It's reunion time at Yarra Capital Management, as Challenger's general manager of national accounts, research and platforms joins the team to work with an old colleague. Yarra Capital Management has hired Rommel Hacopian as a distribution manager ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
... most of any asset class," Cerulli said. The research also pointed to the elimination of non-transactional-fee (NTF) platforms as a positive for ETFs, saying it levels the playing field and have given issuers more options for promoting products. "One ...