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
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.
Former Pendal head of multi-asset Michael Blayney has been appointed as a member of the investment committee at specialist managed accounts provider Evidentia Group.
Australian Ethical has seen its funds under management surpass $13 billion in the latest quarter, thanks to retail and wholesale net flows of $173 million but a transition project by Mercer affected superannuation flows.
A salary guide has unpacked the salaries earned in various asset classes, with managing directors in one space earning north of $500,000.
