Macquarie launches new listed loan series
Macquarie Securities Group has launched 51 different listed protected loan products on the Australian Securities Exchange (ASX) following a successful take up of its first ever MQ LPL series in May.
The June offering of MQ LPL offers investors tax efficient funding on a capital protected basis in the lead up to June 30, according to associate director of Macquarie Securities Group Pia Cooke.
She said the June offering was intended to “build on the successful take-up by investors of its first offering in May and represents the start of a Macquarie plan to offer MQ LPL on a quarterly basis.
“The combination of capital protection, tax efficiencies and the flexibility of trading on the ASX has proved enticing for sophisticated retail investors.
“We are looking to build on this as advisers and investors become more aware of the benefits of [listed protected loans], which remain an attractive investment proposition for investors who want capital protection with tax efficiencies,” she said.
Recommended for you
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.
While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.
ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.
