IRESS will open an office in Adelaide later this month, with the appointment of former Victorian-based account executive, Brett Edwards leading the South Australian charge.
Edwards has worked with IRESS for more than three years, and will oversee IRESS’ activities in the state, as well as further promote IRESS Wealth Management offerings. IRESS has also appointed, Andrew Logan, as the first account executive in New Zealand dedicated to wealth management. Head of wealth management, Andrew Walsh, said his division contributed about 30 per cent to IRESS. The major product developments in the past few months have been the integration of the existing products into the recently-purchased VisiPlan. Plantech will be integrated by the end of the third quarter, and there are also opportunitities to integrate data, such as the super solver databased, into Visi, Walsh said.
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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.






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