May 24, 2020

Jodie Hampshire

Russell to offer new retirement service, member research

Russell Investments has published the results from a 3,000-member survey of working Australians which support the firm’s plans to launch a more sophisticated investment strategy for everyone approaching, or in, retirement. It will take account of personal goals as well

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Martin Smith and Justin Howell

Pendal winds down Westpac in $19b deal for Mainstream

Mainstream, the listed global funds, registry and super admin company, has secured a five-year contract with Pendal, the also-listed former Westpac global funds management subsidiary. The deal, when consummated, will push Mainstream over the $200 billion mark for funds under

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Tim Carver, Rajiv Jain and Laird Abernethy

Australasia shines in GQG global funding universe

GQG Partners, the US-based global manager formed by Rajiv Jain and colleagues in 2016, has raced away to A$47 billion in assets under management in total, about A$3.6 billion of which is sourced from 30 client funds in Australia and

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Josh Frydenberg

Australia’s LIC commission ban to be felt in NZ

The Australian Government will ban commissions on listed investment company (LIC) sales in a move likely to dim the prospects for the ASX-listed vehicles, also, across the Tasman. Australian LICs are often marketed in New Zealand, usually through brokers. In

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Kylie Bryant

Bravura lines up for NZ robo-advice game

ASX-listed financial software firm Bravura is poised to roll-out an Australian-built digital advice system for the New Zealand market. Kylie Bryant, the newly appointed Bravura NZ country head, said the group was adapting the Midwinter digital financial planning suite for

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