BondAdviser launches new fixed income managed portfolio



The BondAdviser Income Plus portfolio is available on HUB24 and offers investors an alternative to term deposits, while they can maintain stability, regular income and consistent returns.
Australian Corporate Bond Company (ACBC) chief executive, and co-founder, Richard Murphy said, the fund will play a powerful role in providing better fixed income solutions for advisers and their clients.
It's the first managed portfolio available to advisers that includes XTBs on a separately managed account (SMA) platform.
Murphy said, "we are pleased to see XTBs feature as a key component of this portfolio as they provide an innovative and transparent way for investors to access the returns from corporate bonds from leading ASX listing companies."
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.