Findex appoints SSGA
State Street Global Advisors (SSGA) has been appointed by financial planning and accounting firm, Findex Group, to provide tactical asset allocation and advisory services for the group's $15 billion in funds under management.
SSGA announced this week it would be working with Findex Group's internal investment team across all brands under the group's banner.
Confirming the mandate, Findex Group chief investment officer, Kieran Canavan, said the relationship with SSGA was designed to streamline its business structure and operating model, and had followed a rigorous review of the firm's research needs.
"This review of administration, investment and asset allocation research and consulting support was part of our overall investment and compliance framework and ties in with our recent acquisition of Crowe Horwath Australasia," he said.
Canavan said SSGA would provide insight across a wide range of investment strategies and multiple asset classes.
AUTHOR
Staff Writer
Recommended for you
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
