POWERED BY MOMENTUM MEDIA
UBS partners with Morningstar
UBS has selected Morningstar Australasia, a subsidiary of Morningstar, to provide data and market commentary feeds into its platform for Australian superannuation funds.
Under the terms of the deal, Morningstar would be delivering market and equity data as well as editorial content to the UBS platform to help power the firm’s online investing solutions for superannuation funds.
UBS managing director, head of platforms, Scott Webster, said: “We selected Morningstar for a number of reasons, including ease of integration of their application programming interfaces (APIs) and deep data coverage of Australian markets.”
Recommended for you
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
