Australian Ethical emerging companies added to HUB24
Australian Ethical's emerging companies fund has been added to the HUB24 platform, due to strong adviser and investor demand, according to the fund manager.
The emerging companies fund was added to HUB24 Super and HUB24 Invest.
It provided exposure to diversified Australian shares in small cap companies which had social, environmental and financial credentials, the firm said.
The fund used an active stock-picking management style, and stocks were picked for growth rather than income.
Stocks they selected also had an investment grade rating from Lonsec.
Australian Ethical head of business development and client relations, Adam Kirk, said: "Demand for ethical investment options is reaching unprecedented levels".
"By having all our funds available on the HUB24 platform, more advisers will be able to tap into the ethical investing boom, and present their customers [clients] with socially responsible, sustainable but also profitable investment options," he said.
Recommended for you
Betashares chief executive, Alex Vynokur, has said that the firm is focused on financial advisers “more than ever” as it grows the business, having announced a merger with managed account provider InvestSense.
L1 Capital has confirmed it intends to vote against the conversion of the Platinum Capital LIC into a listed ETF, meaning the deal “has a high probability of failing” due to L1’s substantial shareholding.
Pinnacle Investment Management has continued its focus on international expansion with the appointment of a managing director from T. Rowe Price.
Financial research firm Wealth Data, which publishes the weekly financial adviser numbers, has been sold to fintech firm Padua Solutions.
