DSTi should have secured “one or two”; big wrap deals in the UK before the end of the year, according to Ian Mathieson, who heads the software firm in Australia.
Citistreet breaks even, goes on hiring spree
Citistreet Australia, the super administrator co-owned by Citigroup and State Street, will break even for the first time this quarter.
IOOF execs reinstated
IOOF has reinstated four senior executives who were suspended last week pending an investigation into alleged accounting improprieties.
IFF seeks funds from insurers for mental health program
The 20 industry fund members of Industry Fund Forum (IFF) are asking their insurers to fund the IFF Mental Health & Wellbeing Program, which could eventually draw government funding as well.
Zurich frees up Constellation Aussie share mandate
Constellation Capital Management has loosened the constraints on its Australian equities mandate with Zurich Financial Services (ZFS), following demands from research houses and dealer groups for a less benchmark-aware offering.
Lazarus resigns as VicSuper investment boss
Vicsuper is looking for a new executive manager of investments, following the recent resignation of Alan Lazarus.
Lower fees among mega trends for platforms
Funds management fees will drop by up to a third and platform fees by up to half over the next few years as competition in the mezzanine sector of the industry intensifies and the main players seek ever more scale.
DSTi goes wrap-hunting in UK
DSTi should have secured “one or two”; big wrap deals in the UK before the end of the year, according to Ian Mathieson, who heads the software firm in Australia.
Citistreet breaks even, goes on hiring spree
Citistreet Australia, the super administrator co-owned by Citigroup and State Street, will break even for the first time this quarter.
How the desire for broad distribution is changing the managed account challenge
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
Retirement Income Crisis
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
Australian system provides solutions for retirement income crisis
Investment banks have become major direct service providers to private client and retail investor portfolios, mostly through their structured products. Yet they are conspicuous by their absence from wholesale manager menus. MICHAEL BAILEY examines whether the banks’ transactional culture can become acceptable to conservative superannuation funds, and whether they might find their biggest role in … Read more
