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
Recommended for you
A strong demand for core fixed income solutions has seen the Betashares Australian Composite Bond ETF surpass $1 billion in funds under management, driven by both advisers and investors.
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
