BTFG chooses S&P over van Eyk Research
Van Eyk Research has lost another key contract, with BT Financial Group (BTFG) handing the investment research mandate for dealer groups Westpac Financial Planning and Magnitude to Standard & Poor’s (S&P).
Under the agreement more than 1,600 advisers across the BTFG network will have access to S&P research.
The contract spans managed funds, structured products, direct property, separately-managed accounts and exchange-traded funds research.
S&P described the new deal as an extension of its existing, longstanding relationship with St George’s advice businesses, which became part of BTFG as a result of the Westpac/St George merger in 2008.
Recently big listed dealer group Count Financial ended its long-term relationship with van Eyk Research, handing its mandate to Lonsec.
Recommended for you
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.
While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.
ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.
