Lonsec adds AB fund to core model portfolios
Ratings and research house, Lonsec has added AllianceBernstein's (AB's) managed volatility equities fund to its core model portfolios.
AB confirmed its product had been added by Lonsec today, with its Australian chief executive, Jen Driscoll saying she believed it reflected the excellent performance of the fund since inception and confidence in the fund's investment team.
"The recognition is also timely, in our view, given global market uncertainty about the medium and long-term effects of trade and economic policies expected to be implemented by the incoming US administration," she said.
"This uncertainty strengthens our expectation that market volatility will persist, and the fund is designed to soften the effect of volatility on investors' portfolios. Its addition to the Lonsec model will greatly assist in raising awareness of its potential benefits among advisers and investors."
According to AB, the fund, which invested mainly in shares listed on the Australian Securities Exchange (ASX), was designed for equity investors seeking lower volatility, reduced downside risk in falling equity markets and the potential for long-term capital growth and some income, including franked Australian dividend income.
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
