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.”
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
Frontier Advisors has bolstered its Japanese footprint through a partnership with the $350 billion asset management arm of Nippon Life Insurance Company.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.