Centuria expands partnership with OneVue
Specialist investment manager, Centuria Property Funds Limited, will build on its partnership with OneVue in a bid to deliver "expedient" and "improved" investment services for its clients.
The announcement comes on the back of Centuria recording a statutory profit of $8.6 million for the 2014-15 financial year, attaining in excess of 36 million from "non-core divisions".
Centuria property funds chief executive, Jason Huljich, said the partnership signalled Centuria's intentions to enhance its value-add for investors and expand its capabilities in providing end-to-end solutions.
"We are always looking at ways to improve our service offering and OneVue's proven track record with Centuria Life made this partnership an obvious next step," Huljich said.
Currently, Centuria collaborates with OneVue to provide outsourced unit registry services to the Centuria Life range of investment bonds.
The expansion of their partnership followed OneVue's announcement of China Asset Management's appointment for the provision of both responsible entity services and outsourced unit registry.
OneVue chief executive, Connie Mckeage, said Centuria had a history of working with OneVue in the past, providing support during the acquisition of Computershare fund services, as well as working together in the administration of clients' funds.
"The appointment by Centuria creates even greater economies of scale which allows existing and new clients to leverage the investment made in the last year in automation and infrastructure across the company," she said.
Mckeage said the partnership was indicative of OneVue's commitment to delivering fund services growth and improved investment offerings.
"What is motivating [for us] is the diversity of new clients approaching us for solutions, the win rate we are achieving and the size of new market opportunities."
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