OneVue to expand unlisted managed funds access
OneVue is expanding access to managed funds through quoted managed funds and integration through Xplan, following Iress’ acquisition of OneVue.
In an announcement, OneVue said the expansion would be finalised in early 2021 and would:
- Provide access for investors to quoted managed funds on OneVue’s registry; and
- Provide direct access for financial advisers to buy, sell and report all managed funds on OneVue’s registry through Xplan.
It said the new services would provide fund managers and advisers with an automated service from existing technology to reduce risk, cost, and time to market.
OneVue chief executive for fund and platform services, Richard Harris-Smith, said: “Fund managers and advisers are seeking greater flexibility and options to distribute and access funds as investors increasingly focus on convenience and value. These services as announced today will meet this demand.
“The services will bring together existing offerings and demonstrate the strength of a combined OneVue and Iress, following Iress’ recent acquisition of OneVue.”
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.