Two AMP Capital Investor funds added to new platforms
Two AMP Capital Investors funds, the AMP Capital Asian Equity Growth Fund and the AMP Capital Corporate Bond Fund, have been added to new platforms.
The AMP Capital Asian Equity Growth Fund has been added to Colonial First State FirstWrap, Navigator Personal Investment Plan and Navigator Personal Retirement Plan, while the AMP Capital Corporate Bond Fund has been added to Macquarie Investment Manager, Macquarie Super and Pension Manager, Navigator Personal Investment Plan and Navigator Personal Retirement Plan.
AMP Capital head of retail distribution Ben Harrop said there was interest from financial planners on how Asian equities and corporate bonds could be used in client portfolios.
“We are seeing interest in Asian equities for its growth profile, while corporate bonds are appealing to investors looking for attractive yields,” Harrop said.
Recommended for you
AZ NGA has entered into a strategic partnership with national advice firm MiQ Private Wealth, as a way to provide a succession solution, as well as career development opportunities for staff.
While the advice profession struggles under growing operating costs, Adviser Ratings has found more than half of practices – some 58 per cent – that generate less than $250,000 in revenue report no profit at all.
The Federal Court has ordered the freezing of assets and the appointment of receivers to two entities linked to Australian Fiduciaries, ASIC’s latest move in an ongoing investigation into the company’s managed investment schemes.
Off the back of the August adviser exam results, the profession has seen 17 new entrants hit the Financial Adviser Register (FAR) this week, helping numbers return to positive territory.
