Findex appoints SSGA for advisory services

Taylee Lewis
— 1 minute read

Findex Group has appointed State Street Global Advisors (SSGA) to provide tactical asset allocation and advisory services for the group's $15 billion funds under management.

SSGA will provide strategic allocation advice across all Findex brands – Financial Index Wealth Accountants, Centric Wealth, Crowe Horwath Australasia, MOVO, CIVIC Financial Planning and Prescott Securities.

Findex Group chief investment officer Kieran Canavan said: “The key relationship that Findex Group has developed with SSGA is designed to streamline our business structure and operating model, and follows a rigorous review of our research needs.


“This review of administration, investment and asset allocation research and consulting support was part of our overall investment and compliance framework and ties in with our recent acquisition of Crowe Horwath Australasia."

Mr Canavan said SSGA will provide insight across a range of investment strategies and multiple asset classes.

“Its multi-faceted approach to researching investment opportunities ultimately makes our investment and compliance framework much stronger and will deliver better investment outcomes for our clients,” he said.

SSGA Australia managing director of business development, Peter Mitchell, said SSGA’s experience and resources in providing asset allocation solutions will prove valuable to Findex Group.

“This experience, together with our extensive tactical asset allocation skills, will help tailor solutions to meet the needs of, and add value to, Findex Group’s clients.

“SSGA will help Findex Group determine the best mix of assets and investment styles to ensure they are cost-effective and deliver reliable, consistent performance,” Mr Mitchell said.



Findex appoints SSGA for advisory services
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