OneVue and Eureka Report JV goes live
OneVue has cemented its commercial relationship with the News Limited-owned Eureka Report with their joint venture brightday platform having gone live to retail investors.
OneVue confirmed the status of the venture this week, claiming brightday represented a "low-cost, single platform solution for everyday Australians wanting a greater say in the management of their investments".
The two companies are promoting the platform as the only investment solution of its kind to provide access to Eureka Report research, along with learning and education tools.
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
