Standard & Poor’s has begun providing fund research services for dealer group giant Futuro.
The arrangement will see S&P offer ratings on managed funds, direct property and structured products, along with access to third-party research on Australian equities from Aegis and superannuation funds from SuperRatings.
Futuro’s advisers will be able access S&P research via the Xplan platform.
Meanwhile, two new Melbourne-based analysts have joined S&P’s fund ratings team in 2008.
Nathan Bode and Anthony Karaminas have joined from Westpac and Goldman Sachs JBWere respectively.
Bode joins as a rating specialist in direct property, reporting to head of property research, Peter Ward, while Karaminas joins the team as a generalist, reporting to head of managed funds research, Greg Barr.
Regulation1
E&P sees Dixon in rearview mirror while advisers foot the bill
The parent company of Dixon Advisory, E&P Financial Group, has told the market its legacy issues are behind it, while preaching its core values of putting clients first and acting with integrity. Meanwhile, former Dixon clients are left on their own to fight for compensation and advisers and licensees are left to foot the bill. Simon Hoyle and Chris Dastoor write it’s par for the course for a flawed scheme design and a “diabolical” funding model.
Chris Dastoor and Simon HoyleAugust 29, 2024
