Lonsec launches new division to aid advisers

lonsec adviser portfolio management

6 October 2015
| By Nicholas |
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Responding to the growing administrative and regulatory demands being placed on financial advisers, Lonsec Fiscal is launching an investment solutions division to support them.

Under the new division, Lonsec general manager of investment consulting, Lukasz de Pourbaix, will assume the role of chief investment officer of the Lonsec Investment Solutions (LIS) team, which he said would combine the firm's investment research capabilities with its portfolio construction experience to support advisers.

"Investment Solutions aims to address these dual challenges by bringing together Lonsec's established broad listed and unlisted investment research, as well as our proven portfolio construction capabilities," he said.

"Importantly, Lonsec is not issuing financial products, we are enabling our portfolio capabilities to be accessed in a more efficient manner."

de Pourbaix said the team would support advisers in dealing with the increased regulatory and administrative burden created in the post-Future of Financial Advice reform era, with the division focusing on ways of broadening its suite of managed portfolios, as well as investigating portfolio solutions such as mFunds, exchange traded funds and listed investment companies.

"Combining these product benefits with Lonsec's research and portfolio construction expertise, and making them available to more financial advisers through more platforms, is one practical example of how LIS can bring together Lonsec's broad expertise to deliver real outcomes for financial advisers and their clients," he said.

With de Pourbaix taking on the role of chief investment officer of LIS, Veronica Klaus has been appointed to replace him as Lonsec's general manager of investment consulting.

While Felix Stephen, former Advance Asset Management head of investment strategy and research, had been appointed as an independent expert to Lonsec's asset allocation and direct equities investment committee.

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