Managed Accounts Holdings to acquire Linear
Managed Accounts Holdings will merge with rival administrator Linear Financial Holdings.
Netwealth and Zenith ink partnership
Netwealth has announced that it will be teaming up with Zenith Investment Partners as Zenith will be managing "elite blends" on the Netwealth Accelerator and Wealth Accelerator services.
Azimut takes majority stake in Sigma Funds Management
Italian asset manager Azimut has entered the local funds management space by taking a majority stake in Sigma Funds Management.
Shaw and Partners enhances SMA offering
Shaw and Partners has released its complete portfolio strategy solutions for advisers and clients, along with the addition of eight brand new portfolio strategies to its SMA offering.
ANZ to refund $5 million for incorrect fees
ANZ will refund around 25,000 customers after it failed to correctly apply fee reductions and fee waivers, according to ASIC.
Active managers set to benefit from volatility
High levels of market volatility coupled with low yields have created a prime environment for actively managed products, according to Natixis Global Asset Management.
Active managers being dudded on returns
Assessing the value of active management based solely on disclosed holdings may well be selling fund managers short, according to a new paper.
Appointments
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