OneVue to expand unlisted managed funds access
OneVue is expanding access to managed funds through quoted managed funds and integration through Xplan, following Iress’ acquisition of OneVue.
In an announcement, OneVue said the expansion would be finalised in early 2021 and would:
- Provide access for investors to quoted managed funds on OneVue’s registry; and
- Provide direct access for financial advisers to buy, sell and report all managed funds on OneVue’s registry through Xplan.
It said the new services would provide fund managers and advisers with an automated service from existing technology to reduce risk, cost, and time to market.
OneVue chief executive for fund and platform services, Richard Harris-Smith, said: “Fund managers and advisers are seeking greater flexibility and options to distribute and access funds as investors increasingly focus on convenience and value. These services as announced today will meet this demand.
“The services will bring together existing offerings and demonstrate the strength of a combined OneVue and Iress, following Iress’ recent acquisition of OneVue.”
Recommended for you
The role of alternative investments is to diversify a portfolio and capture differentiated sources of return, according to UBS Asset Management.
Private investment opportunities are moving up on the list of what investors want from their financial advisers, according to Natixis IM, and over half of firms say they are offering them more strategies.
Two asset managers have each expanded their product suite with the launch of new global equity funds for Australian investors.
Perpetual has confirmed it is in exclusive talks with global investment company KKR regarding an acquisition of its corporate trust and wealth management businesses.
