Iress partners with Franklin Templeton Australia
Iress has partnered with Franklin Templeton Australia to distribute 57 of its managed funds.
Iress would provide its range of managed funds administration along with fully integrated digital tools and trading interfaces for investors.
Iress’ head of funds and platform administration, Richard Harris-Smith, said: "We are delighted to partner with Franklin Templeton to support its drive for greater performance, automation and access to distribution.
“Our solution is tightly integrated with custodian services ensuring a seamless experience for investors as well as significant efficiency gains.”
Franklin Templeton’s director of fund administration, Mat Sund, said: "We are pleased to have reached this milestone with Iress as a key technology partner.
“Innovation is a cornerstone of our business and we’re committed to working with best-of-breed providers like Iress to support our focus on delivering better outcomes for investors.”
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
