New Year, new funds
Macquarie Wrap has added 12 new funds to its range of investment menus, bringing the total number of funds available to financial advisers across its various platforms to 640.
The new funds include the recently launched AMP Capital Core Infrastructure Fund and the Integrity Australian Share Fund, which is managed by former UBS Global Asset Management managing director Paul Fiani’s boutique funds management company.
Other new funds include the Goldman Sachs JBWere Core Plus Australian Fixed Income Fund and the ING Select Leaders Trust.
A number of Russell funds have also been added following requests from Macquarie Wrap users.
Recommended for you
The Financial Advice Association Australia has confirmed it has met with newly appointed Minister for Financial Services, Daniel Mulino, to discuss DBFO and the CSLR.
The Australian wealth management group has looked to competitor UBS to replace its outgoing chief operating officer, who departs after 15 years in the C-suite role.
Link Wealth has acquired a Queensland advice firm, its first presence in the state, as it believes the state is “underserved” with financial advice.
ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements.