AMP Limited, the National Australia Bank (NAB) together with ANZ, Bendigo Bank and the Australian Prudential Regulation Authority (APRA) will be the focus of attention for the Royal Commission’s final week of hearings starting in Melbourne today.
The Hong Kong-based firm will be launching a technology-focused multi-asset product and is preparing to develop a Greater Bay Area product, according to Eric Poon, managing director and head of sales.
On top of having a QDLP licence, the Korean firm has received a private fund management (PFM) licence from the Asset Management Association of China (Amac), according to the agency’s records.
The outlook for Challenger platforms will remain strong as net fund flows favour the non-aligned platforms, according to Powerwrap’s chief executive, Will Davidson.
ETF Securities has expanded its workforce with a business development manager and senior execs hired amid market growth.
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