Ventura accesses all areas
Financial services group Professional Investment Services’ Ventura Investment Management has launched two multi-manager funds to offer advisers greater international exposure.
Commenting on the launch, Ventura managing director Kate Mulligan said an investor that limits its exposure to Australia eliminates 97 per cent of the world’s investment markets, as Australia represents only 3 per cent.
“The Ventura Global Opportunities Fund is designed to provide investors with the opportunity to access managers that have been identified as being among the best global equity managers in the world.
“It has been constructed to provide investors with a differentiated and complementary source of excess return within a risk controlled environment — ultimately leading to high expected returns,” Mulligan said.
Recommended for you
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial advice firms.
Sequoia Financial Group has revealed the scale of complaints lodged with the Australian Financial Complaints Authority relating to its role in the Shield Master Fund and First Guardian Master Fund collapses.
AMP chief executive, Alexis George, believes the North platform is on a forward trajectory after a period of “stagnation” and is targeting consistent quarterly growth in advisers.
The Financial Advice Association Australia has announced it will expand its approved specialisations program to broaden its range of qualification designations.
