Industry Updates

Ensombl officially launches in South Africa

After announcing a capital raise, professional networking platform Ensombl has officially expanded its international presence with a launch in Cape Town, South Africa.

New Zealand Super Fund invests in Euroclear

The New Zealand Super Fund has acquired a 4.99 per cent share in Brussels-based company Euroclear.

Hostplus, Maritime Super complete merger

Hostplus and Maritime Super have completed their merger after signing a successor fund transfer in December 2022.

OpenInvest partners with BGL for data integration

Online investing platform OpenInvest has begun providing a data feed into software provider BGL’s Simple Fund 360 and Simple Invest 360.

Class appoints GM

SMSF software company Class has appointed Kate Anderson as general manager of operations.

AustralianSuper appoints international & private equity head

AustralianSuper has appointed Mark Hargraves as head of international and private equity.

Sequoia recruits Jonathan Trapnell from Synchron

Sequoia has appointed former Synchron head of adviser support Jonathan Trapnell to assist the group in managing its education and licensee partnership programs.

Integro Wealth merges with Wealth Advantage

Private wealth firm Integro Private Wealth completed its merger with financial planning firm Wealth Advantage at the end of last week. 

EQT distributes $122m in grants in FY23

Fiduciary service provider Equity Trustees gave out grants worth over $122 million in FY23, more than 32 per cent higher than the previous financial year.

Midwinter launches paraplanning program

Midwinter Financial Services has partnered with Scale Up Paraplanning, TNW Solutions, and Rocket Services to launch the Paraplanning Partners Program following a successful pilot phase.

Russell Investments expands sustainable managed portfolios

Russell Investments has expanded its sustainable managed portfolios to include multi-asset conservative, diversified 50, and high-growth options.

TISLife joins Count’s advice community

Community-focused advisory firm TISLife has joined Count’s national advice community. 

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