More active options for advisers as new fund model takes off
A new product has been launched successfully under the internal market maker model – and copycats are being actively encouraged.
February 02, 2016
ANZ extends partnership with Macquarie to provide wrap solutions
ANZ today announced it has entered into an agreement for Macquarie Investment Management Limited to develop a new wrap platform for ANZ’s advice partners that will be available from May 2016. As part of the agreement, Macquarie will also provide administration services that are currently delivered through ANZ’s wholly owned business, Oasis. As services are
February 02, 2016
Class announces new integration with Depreciator
Class, the developer of Class Super and Class Portfolio administration software, has released a new integration with Depreciator, a leading Australian depreciation schedule provider. This latest development will deliver significant efficiencies to accountants and administrators looking after SMSF and other investment portfolios with property assets. The integration allows Class users to request a depreciation schedule
February 02, 2016
New Infrastructure fund launched following TransGrid sale
Infrastructure Partners Investment Fund – Core (“IPIF – Core”) has invested $30 million in Utilities Trust of Australia (“UTA”), an unlisted infrastructure investment fund managed by Hastings Funds Management (“Hastings”) following the Manager’s purchase of TransGrid Electricity Transmission Network. IPIF Core was created in early 2015 as a means for self-managed superannuation funds (“SMSF”) and
February 02, 2016
netwealth tops list as most functional platform
netwealth, one of Australia’s largest privately owned wealth management groups, has been named as the highest rated investment platform in terms of overall functionality in Investment Trends’ 2015 Platform Report. This comes just months after netwealth was named as the winner of overall user satisfaction award in the Investment Trends 2015 Planner Technology report for
February 02, 2016
Investment Trends 2015 Platform Report
Key findings of the Investment Trends 2015 Platform Report: Platforms have focused on improving planner efficiency and supporting business growth Helping planners engage clients is a key battle ground netwealth took the lead as number one in overall platform functionality The December 2015 Platform Report, released to Investment Trends’ clients in December, is an in-depth
February 02, 2016
Zenith assigns ‘recommended’ rating to AB fund
Global asset manager AllianceBernstein (AB) announced today that ratings research house Zenith Partners has assigned a “Recommended” rating to the AllianceBernstein Global Equities Fund. “We are delighted to receive such a positive endorsement for this Fund from Zenith,” said Jen Driscoll, AB’s Chief Executive Officer—Australia. “The Fund illustrates the depth and diversity that our global
February 02, 2016
IOOF awarded Chant West’s ‘highest quality’ multi-manager rating
IOOF Investments has been awarded an overall 5 Apples Multi-Manager Rating from Chant West, an independent superannuation research and consultancy firm, which is the highest quality overall rating. The top ranking was given to IOOF for its overall ability to construct quality multi-manager investment products that represent industry best practice and have achieved their stated
February 01, 2016
Lonsec issues “Recommended” rating on BetaShares Managed Risk Australian Share Fund (managed fund)
BetaShares, a leading Australian manager of exchange traded funds, has been awarded a “Recommended” rating from Lonsec for its Managed Risk Australian Share Fund (ASX code ‘AUST’). Launched in November, AUST provides investors with cost-effective exposure to a diversified portfolio of Australian shares, along with the potential for reduced downside in declining markets. The strategy
February 01, 2016
Lonsec expands range of managed portfolios
Lonsec Investment Solutions has expanded its range of managed portfolios, adding its capabilities to a further two platforms, Macquarie Wrap and HUB24. The move comes as advisers continue to turn to managed portfolios to help streamline administrative burdens and more efficiently navigate the growing breadth and complexity of financial products to best meet their client
February 01, 2016
Accountants need to do their homework as deadline looms
Accountants must read the fine print and know the consequences for their business - and be choosy about a licensee, if they can.
February 01, 2016
The right mix of asset classes drives optimum portfolio performance
An optimal asset mix decides portfolio returns, yet it is impossible for the average adviser to determine.
February 01, 2016
