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
Clime Investment Management has welcomed an independent director to its board, which follows a series of recent appointments at the company.
Ethical investment manager Australian Ethical has cited the ongoing challenging market environment for its modest decrease in assets over the latest quarter.
Commentators have said Australian fund managers are less knowledgeable compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from passive strategies.
VanEck is to list two ETFs on the ASX next week, one investing in residential mortgage-backed securities and the other in Indian companies.