Investment platform and fund services provider OneVue has announced it has increased total revenue by $7.3 million in FY2014 from three acquisitions. OneVue today released its first annual report as a listed company, revealing prospectus forecasts were met and promises to grow organically and acquisitively were fulfilled. OneVue chair Gail Pemberton said: “OneVue remains focussed on
OneVue will play a lead role in industry education on the rapidly growing managed accounts sector. The wholesale superannuation solutions provider today announced it has renewed its sponsorship of the industry’s peak body, the Institute of Managed Account Providers (IMAP). OneVue head of platform strategy, sales and service David Storm said: “It’s important for us
Self managed super fund (SMSF) clients are rapidly turning to specialist admin providers, new figures reveal. According to the OneVue/Investment Trends 2014 SMSF Accountant Report, an extra 35,000 SMSFs started using a specialist provider in the past 12 months. “Last year it was estimated that 115,000 SMSF trustees utilised the services of SMSF administrators,” OneVue
OneVue has today agreed to purchase Select Asset Management Limited and appoint its first deputy CEO. Select’s current chair and CEO Brendan Foley will become deputy CEO of OneVue when the acquisition is finalised as early as tomorrow. OneVue Group CEO Connie Mckeage said the transaction follows the company’s stated objective to grow organically and acquisitively.
OneVue’s mFund Settlement Service capabilities will be leveraged by a fund services client for the first time. Existing OneVue outsourced unit registry client Allan Gray is expanding its distribution and making the Allan Gray Australia Equity Fund, and Allan Gray Australia Opportunity Fund available via mFund. The Australian Securities Exchange (ASX) launched mFund in May to make