FNZ complete GBST acquisition
New Zealand-originated global technology company, FNZ has completed its acquisition of financial service technology provider, GBST Holdings Limited.
Commenting on the acquisition, FNZ group chief executive, Adrian Durham said it marked the beginning of an exciting period of opportunity for both businesses, with GBST being a strong strategy fit for FNZ reinforcing its position as the leading business to business wealth management platform as a service provider.
FNZ Asia Pacific chief executive, Tim Neville said the acquisition represented a significant milestone in the company’s goal to expand its business into the Asia Pacific market.
Recommended for you
Former Platinum co-founder James Simpson will take up a non-executive role at Income Asset Management as two directors retire.
Bell Financial Group has announced a 44 per cent decline in half-year net profit after tax but record funds under advice as it transitions into a diverse wealth management business.
Having predicted three ETF trends for Australia at the start of this year, State Street has shared how these are tracking and whether Australia will successfully reach US$30 billion ETF inflows for 2025.
Magellan fund manager Nikki Thomas is to depart next month as the firm reviews its range of global equity funds and transitions her High Conviction fund.
