NZX
20/04/2015 11:33
GENERAL
NOT PRICE SENSITIVE
REL: 1133 HRS NZX Limited
GENERAL: NZX: FundSource & FE partnership announced
NZX is pleased to announce that FundSource has entered into a strategic
partnership with FE Limited, a leader in the collection and reporting of
investment data, software analytic tools and performance analysis to the
financial services industry.
From June 2015, FE will start collecting fund performance data on behalf of
FundSource. The transition to FE is currently underway and we expect this
process to be completed by the end of May.
The partnership with FE will result in improved data analytics for FundSource
clients, while providing access to global fund data as well as better access
to FundSource's comprehensive historical database.
Following a review of the FundSource offering, NZX has decided to discontinue
the qualitative research and editorial components of the services that
FundSource currently provides. As such, from 31 May 2015 we will no longer
provide qualitative research in-house via FundSource. FundSource is in
contact with clients who currently receive qualitative research to discuss
these changes.
For further information please contact:
Kate McLaughlin
Corporate Communications
T: 09 309 3654
M: 027 533 4529
E: [email protected]
End CA:00263290 For:NZX Type:GENERAL Time:2015-04-20 11:33:33
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