Van Eyk wins Zurich consulting contract
Van Eyk Researchhas one a contract to act as the asset consultant over $6.7 billion worth of funds managed byZurich Financial Services.
Zurich head of investment management and life Peter Delprado says van Eyk won the contract ahead of a range of other asset consulting groups following an extensive tender process.
Van Eyk will replace Towers Perrin, who had been Zurich’s asset consultant for the past two years.
The deal will see van Eyk take responsibility for the review and selection of external managers available through Zurich’s master trusts - i.super_invest and Accountants’ Super Fund - as well as its range of managed funds, allocated pensions and superannuation products.
Delprado says van Eyk was selected ahead of other asset consulting groups because of its reputation in the financial planning industry.
“As the premier supplier of independent research services to the financial planning industry, van Eyk was the ideal choice to fulfil the role of asset consultant for Zurich,” Delprado says.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.
