OneVue additions boosts global SMA managers
Superannuation platform provider, OneVue, has boosted its international separately managed accounts (SMA) capability by adding global fund managers AllianceBernstein (AB) and Franklin Templeton Investments to its platform.
The addition would see AllianceBernstein add its AB Concentrated Global Growth Equities and its AB Concentrated US Growth Equities portfolios, and Franklin Templeton would add its Franklin Concentrated Global Equity ex-Australia portfolio to the OneVue portfolio.
OneVue EGM platform services, Lisa McCallum, said the partnership with global fund managers AB and Franklin Templeton was in response to Australian investors’ increased demand for access to global investments to diversify their portfolios.
AB’s chief executive officer, Jen Driscoll, said OneVue is one of the few platforms in Australia that offered global SMAs and added that she looked forward to providing investors with the benefits of direct international share ownership, such as transparency, direct dividend cashflow and tax efficiencies, “all at an affordable cost.”
Managing director of Franklin Templeton Investments, Matthew Harrison, said investor demand for high performing global and mid-cap equity funds would continue to grow.
“We’re excited to have the Franklin Global Equity portfolio, a high conviction strategy, added to the OneVue platform,” he said.
Recommended for you
With just 30 per cent of Australians knowing their superannuation balance to the nearest $1,000, Findex has emphasised the role of financial advice in addressing the critical super knowledge gap.
Underestimating the cost of insurance by almost $75,000 in a Statement of Advice is among multiple reasons that a relevant provider has faced action from the FSCP.
Financial Services Council chief executive, Blake Briggs, is urging Minister for Financial Services, Stephen Jones, to take advantage of the QAR opportunity to reduce regulatory duplication and ensure advice is affordable.
Former chair of the House of Representatives’ Standing Economics Committee, Tim Wilson, is planning a return to politics after losing his seat in the 2022 federal election.