The platform has expanded with six managed portfolios from Activam Group, an investment firm that specialises in multi-asset portfolio management and investment consulting services for advice practices and superannuation funds.
Advisers using North can now access the suite of managed solutions for clients seeking a wider range of choices in managed portfolios.
The six Activam multi-asset portfolios include:
- Conservative and Income portfolio
- Moderate portfolio
- Index-focused balanced portfolio
- Balanced portfolio
- Growth portfolio
- High-growth portfolio
“North continues to invest in optionality and choice by giving advisers the confidence that their platform is the easiest to use in the market with a growing range of tailored investment solutions and best of breed functionality,” commented Edwina Maloney, AMP group executive for platforms.
“That’s why we’re thrilled to be welcoming Activam to our platform with six new managed portfolios on North, as we continue to set the pace with the fastest growing offer in the market.”
Robert Talevski, Activam group managing director and founder, noted the high demand for its portfolios from advisers and their clients.
“We are thrilled to be offering access to the Activam multi-asset separately managed account (SMA) investment portfolios through North. Our investment team takes an active approach to portfolio management, bringing together our extensive experience, knowledge and best ideas,” he said.
Since the 2024 calendar year began, a total of 22 managed diversified portfolios have been added to North. The platform recently expanded with five diversified index managed portfolios in April, suited for younger clients seeking a low-cost flexible, diversified investment solution.
Earlier this year, North reached $14 billion in assets under management (AUM) in its managed portfolios. This is a 66 per cent annual increase and a rise of 185 per cent since launching in 2018.
New interactive tool
The investment platform also announced the launch of a new interaction function for advisers.
North Interactive enables advisers to visualise their client’s account and performance data to forge deeper client engagement during reviews. The snapshot offers a high-level client overview, such as portfolio value, performance, asset allocation and account movements.
The tool seeks to save advisers time in the production of customisable reports and foster important client discussions.
It also integrates with Microsoft 365, allowing advisers to add their own branding and personal commentary to present client reports online.
“Adviser feedback is so critical to the way in which we continue to invest in product enhancements and functionality, which is why we have launched North Interactive, a game changer in helping more advisers digitally engage with their clients at review time,” Maloney explained.
“North is giving advisers confidence and certainty with same-day transfer functionality, greater portfolio customisability than ever before and seamless client reporting at review time.”
