Van Eyk tweaks Blueprint manager selection
The underlying manager line-up on van Eyk’s Blueprint International Shares Fund has been fine tuned, with the inclusion of the T.Rowe Price International Fund at the expense of both the NCIT — Capital International Global Share Trust and Perpetual’s International Share Fund.
The new manager has now been awarded a 22 per cent allocation to the Blueprint International Shares Fund.
Head of research at van Eyk Jerome Lander said: “T.Rowe Price has an excellent portfolio manager constantly re-optimising its portfolio. It also has good, high quality global research resources and solid business management processes.”
He revealed that the incumbent managers were excluded from the recommended line-up after van Eyk downgraded their ratings.
“They were compared against appropriate comparators and better options were found elsewhere. The competitors were found to have greater and more consistent value creation possibilities,” he explained.
Recommended for you
Two law firms have highlighted licensees’ responsibility to ensure they have sufficient cyber security measures in light of the enforcement action against Fortnum Private Wealth.
A former director has pleaded guilty to providing financial product advice without holding an AFSL which saw almost $2 million transferred to him.
Commonwealth Private Limited, a subsidiary of Commonwealth Bank of Australia, has launched a wholesale offering with the help of JPMAM.
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
