AQR Capital Management adds unit class to trust
AQR Capital Management (AQR) has announced the introduction of new unit class within its AQR Global Risk Premium Trust.
It said the new class was intended to make the investment strategy accessible to a larger number of Australian investors.
Announcing the move, AQR principal Jeff Dunn said the new Class 1F units would come with additional disclosure and a smaller minimum investment size (A$25,000).
He claimed the changes would make the product suitable for use on Australian platforms and for distribution through financial advisers or directly to investors.
According to AQR, the trust's objective is to produce attractive risk-adjusted returns while diversifying investors' exposure to equity risk.
Recommended for you
With the highest number of candidates in a year sitting the latest financial advice exam, a surge of new entrants are expected in the coming weeks, according to Wealth Data.
AMP has launched a range of five diversified index managed portfolios on its North investment platform, targeting a younger client demographic.
An NSW adviser, who advised over 120 clients after falsifying her financial advice exam results, has been permanently banned by ASIC.
ASIC has released the results from the latest financial adviser exam, the first to be run since changes to its structure earlier this year.