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Article: Platform wars.

Article from:
Australasian Business Intelligence
Article date:
April 9, 2003
Copyright

Apr 09, 2003 (The Bulletin - ABIX via COMTEX)

Rationalisation of Australia's managed funds industry has not yet ended. After a phase of mergers, mortgage securitisation and online stockbroking, it is now time for a change in technology. The industry is preparing itself for the platform wars. Platforms are known to investors as master trusts or wrap accounts but regulators call them investor directed portfolio services. Alex Dunnin, the head of research at Rainmaker Information, says Rainmaker's last quarterly survey revealed that platforms were ...

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