Acorn Capital selects IRESS platform
Specialist investment manager, Acorn Capital will use the IRESS Portfolio System (IPS) to grow its Australian presence and seek greater efficiencies, according to IRESS.
Acorn Capital, which was founded in 1998 would use the IPS as part of an agenda to grow its presence in the Australian market.
“We selected IRESS because of its integrated portfolio management and trading capability, strong compliance focus and dedicated local support,” Acorn chief operating officer, Douglas Loh said.
IRESS managing director, Kirsty Gross said the collaboration with Acorn would be mutually beneficial.
“Acorn Capital’s extension of its existing IRESS relationship reflects our strategy of providing a range of services to Australian fund managers,” she said.
“It highlights a growing trend for fund managers to choose solutions that are integrated, deliver business efficiency and meet compliance needs.”
AUTHOR
Hope William-Smith
Recommended for you
The possibility of a private credit ETF is looking unlikely for now with US vehicles seeing limited uptake, according to commentators, but fixed income alternatives exist that can provide investors with a similar return.
Ahead of the approaching end of the financial year, State Street has shared five tips for advisers who are using ETFs in their client portfolios.
The use of active ETFs in model portfolios by financial advisers is a key factor in the growth of the products for iShares, according to BlackRock.
Global asset manager BlackRock has identified bringing private markets to the wealth channel as a key business area for the firm that could generate US$500 million in revenue in the future.
