Calastone has deepened its connectivity with Pendal Group to provide automated processing of fund orders via its Order Routing solution.
Calastone is enabling Australian fund managers to receive fast and standardised adviser directed fund flow data from platforms via its secure network.
Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
Over A$11.8 billion flowed out of Australian funds during March, the sharpest redemptions surge ever recorded across the Calastone network in Australia.
Calastone builds scale for reporting solution that reconciles investor holdings across funds and platforms
Calastone continues to enhance the benefits of automation across Australia’s managed funds sector as industry participation for its reporting solution grows