van Eyk announces new alliance partner
Investment research firm van Eyk has broadened its alliance with Adviser Edge, putting the alternative investment firm in charge of research on structured products.
Adviser Edge has worked with van Eyk for the past three years and currently provides the latter’s clients with research on agribusiness and property.
Van Eyk managing director Stephen van Eyk said the decision to replace Aegis with Adviser Edge as its partner for structured products should streamline the business’ processes. He said the relationship with Aegis was terminated amicably and motivated by the belief that using a single provider across agribusiness, property and structured products would ensure greater consistency in reporting.
Adviser Edge head of structured products research Geoff Watkins said the firm expects the structured product market, which raised about $4 billion in 2007, to grow to between $16 billion and $20 billion by 2010.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
