MDS in JV with NY asset manager

funds-management/australian-securities-exchange/asset-management/australian-market/investors/

18 February 2015
| By Staff |
image
image
expand image

Expansive publicly-listed financial services firm, MDS Financial Group, announced this week it had entered into a strategic alliance with New York-based J. Streicher Asset Management to develop and market products in Australia.

The company announced the arrangement to the Australian Securities Exchange on Monday, saying a Memorandum of Understanding had been signed following negotiations in New York earlier this month.

Under the JV, the firms will establish a funding vehicle to develop financial products for the Australian market, develop an international stock-trading product to allow Australian and US investors to transact inter-border and develop specialised financial products aimed at MDS's Self Managed Superannuation Fund client base.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

3 weeks 6 days ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS