Macquarie Wrap adds 54 managed funds
Macquarie Wrap has added 54 managed funds and 20 separately managed accounts (SMAs) to the platform in the past year, bringing the total number of managed funds available on the wrap to over 700.
The wrap also has a further 58 SMA options for advisers and their clients.
Macquarie Wealth management head of wealth product, Cameron Garrett, said the additions came on the back of adviser feedback.
"Adviser feedback is central to the way we work and drives our business decisions. We are continually looking at ways to enhance our Macquarie Wrap offering to support advisers build their businesses and deliver for their clients," he said.
Macquarie launched SMAs on its platform in September 2014, and hit the $300 million in February this year.
AUTHOR
Malavika Santhebennur
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