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Showing 71 - 80 of 5891 results for %22Market Wrap PM%22

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... its business more than double after it acquired ANZ's masterfunds ($78.7bn, up 111.4%). Wraps continue to be the largest market for managed funds, taking up nearly 50% of assets at $408.6 billion. Platforms comprise 39% at $319.1 billion and master trusts ...

New managed portfolio on MyNorth

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... the new offer reflects AMP's ongoing commitment to establish MyNorth as the leading wrap platform in the Australian market. "Our strategy for MyNorth is anchored to three objectives - cost effectiveness, seamless administrative functionality and ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... had minimal impact with sector heavyweights HUB24 and Netwealth issuing bullish flows guidance that were also ahead of market expectations. "Revenue pressure from normalising cash allocations and trading activity (~3bp impact for HUB/NWL) is yet to flow ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... the advisers," Johnson told Financial Standard. "I want to put on the record; Spitfire IDPS was one of the best in the market. It is still the only platform that can execute direct shares in over 10 different currencies and 10 different exchanges and ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... now provides a more limited range of product features relative to many other superannuation and pension products in the market. In addition, the membership has also been declining over recent years," it said in a notice sent to members. "The above factors ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... reached a post-GFC high, planners are also broadening the range of platforms they use. "In the face of pandemic-induced market volatility, financial planners are relying heavily on platforms for high quality service and support, with minimised service ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
... executive Ravi Subramaniam said the service provider would help leverage its parent company's expertise in the local market. "We see growing interest in cross-border investments in Australia," he said. "Connecting the Australian market with other ...

Platform to shine light on structured products

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
An investment platform is promising to shine light on the opaque structured product market, helping advisers and their clients understand more about the traditionally exclusive offerings. Local fintech Stropro has launched a new reporting solution designed ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... of people, withdrawing their super is not an academic exercise. People need the money." The APRA data showed BT Retirement Wrap had paid out $314 million in early release claims as of May 3. This wrap data encompassed applications across different BT ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... high-net-worth clients has both dragged and contributed to the firm's full-year results. Announcing its full-year results to the market today, Macquarie revealed its banking and financial services arm made a $770 million net-profit contribution to ...