New investment platform to be launched in March 2012
The Australian platform market will soon get a new kid on the block with the impending launch of The Emerald Wrap - a first responsible investment platform on the domestic soil.
The investment platform, which will be launched in March 2012, is being deployed via a partnership with a Melbourne-based platform provider Powerwrap.
It will provide access to managed funds and separately managed account (SMA) model portfolios that have been certified by the Responsible Investment Association of Australasia.
The Emerald Wrap has also chosen Bendigo and Adelaide Bank as its default cash account provider.
Bendigo Wealth's senior manager for strategic partners and alliances, Diego Del Rosso, said Australian investors and financial advisers are increasingly seeking to make investment decisions that take account wider societal implications.
"By bringing responsible and ethical investment funds together in the one place, the new ethical investment platform will support and encourage this trend," Del Rosso said.
The Emeral Wrap will offer 25 responsible investment funds, around 200 traditional managed funds as well as SMAs.
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