AXA responds to emerging market and global equity demand



|
AXA Australia has broadened its adviser product choice in emerging markets and global equities through the addition of 20 investments to its approved list for AXA Financial Planning and Charter Financial Planning.
The new products fit into the emerging markets, global equities and Australian equity income categories and were added following demand from advisers for alternative income sources, said Rob Thomas, general manager, technical, of research.
"The fundamentals of financial planning remain the same in terms of ensuring clients have diversified portfolios using quality, well researched managers.
"However, we feel there is a need to ensure advisers and their clients have a broad choice in emerging markets and global equities, areas where returns from managers can vary greatly," he said.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.