Aoris fund added to Macquarie Wrap
The Aoris International Fund has been added to the investment menus of both Macquarie Investment Manager and Macquarie Investment Consolidator on the Macquarie Wrap platform.
The addition brought the total number of platforms the Aoris fund was available on to six.
The fund, which was established in 2017 as a specialist international equity manager with an investment approach described as fundamental, conservative and index-unaware, is long-only and owns a highly concentrated portfolio of a maximum of 15 stocks.
Aoris head of distribution, Alexander Ordon, said: “The Macquarie Wrap platform is a leading provider of private wealth administration services in the industry.”
“This addition will open a significant part of the private wealth market for us, and we look forward to partnering with the many quality advice firms that use Macquarie Wrap.”
AUTHOR
Oksana Patron
Recommended for you
The “experiment” away from vertical integration has been a mistake, according to Clime’s Michael Baragwanath, and Clime is positioning to benefit via advice and fund manager acquisitions.
JP Morgan Asset Management has identified Australia as an “emerging growth market” as it seeks to double its assets under management in the Asia-Pacific region in the next five years.
Australian Ethical funds under management were $14.3 billion at the end of September, with its investment division seeing inflows return after outflows in the previous quarter.
Record flows into iShares ETFs helped BlackRock’s assets under management reach US$13.5 trillion in the third quarter, but it reported outflows from the APAC region.
