The industry fund has taken a 49 per cent stake in subscription vehicle provider Splend alongside IFM and other co-investors as it looks to build a 10 per cent exposure to climate solutions in its global portfolio.
After years of powering super returns into the double digits, US equities are walking a tightrope, and one misstep could send them plunging to earth. But the story that put them up there in the first place still holds true.
ESSSuper happy with new member app
ESSSuper’s recently released member app, developed in association with CapitalRoad Financial, has delivered 3,000 downloads and “received very positive feedback”, according to James Holmes, the fund’s manager of member engagement.
CapitalRoad is a Melbourne-based fintech developer and software-as-a-service provider who built the native iOS and Android application for mobile phone access to specific account information for members. The firm also recently won a deal to develop a new cloud-based front-end for the listed managedaccounts.com.au.
Holmes said last week that ESSSuper had some “great future enhancements” planned for the app. “We look forward to continuing our professional relation ship with Capital Road.”
Meanwhile, managedaccounts.com.au is partnering with CapitalRoad to implement a new solution for its user interface and middle office requirements to replace its inhouse developed and supported proprietary.
David Heather, managedaccounts.com.au chief executive, said the new solution represented a significant investment which would have major benefits for advisory firms, wealth managers, advisors and their clients.
It is expected to be live across all clients from September this year.
