The latest issue of Financial Standard now available as an e-newspaper
|The Montreal Exchange (MX) is making a play for superannuation fund assets by syncing its trading hours to accommodate Asia Pacific investors.|
|The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows.|
|Neobank Volt has partnered with digital currency exchange BTC Markets.|
|Fidelity International has entered the managed accounts space with the launch of its first separately managed account (SMA) with an actively managed Australian equity model.|
|Iress' design and distribution obligation (DDO) solution will be integrated with Xplan allowing financial advisers who use the software to access Target Market Determinations (TMDs) throughout the entire advice process.|
|ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year.|
|The Institute of Managed Account Professionals (IMAP) announced the winners of its annual awards.|
|HUB24 recorded significant growth in its underlying net profit as inflows continued to rise following the acquisition of Xplore Wealth and Ord Minnett's Portfolio Administration and Reporting Service (PARS).|
|Iress' half year results were solid with profit up 9% and earnings per share up 6%, as it finalises the integration of OneVue's business.|
|The platform recorded net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year.|
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors.
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits.
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030.
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights' for taxpayers.
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