Elston Asset Management launches new SMA on HUB24



Elston Asset Management has announced a strategic partnership with Sydney-based boutique wealth management firm Bridge Private Wealth to launch a private label managed account offering via HUB24.
Mark Smith, head of adviser services at Elston Asset Management, said they were proud to work with Bridge Private Wealth to deliver the customised separately managed account (SMA) solution tailored for clients.
"The team at Bridge Private Wealth recognised the benefits of managed accounts in delivering not only some great outcomes for their clients but also greater scale and efficiencies for their business, and we're glad we've been able to be part of their journey,” Smith said.
Joel Xuereb, director of Bridge Private Wealth said: “The team at Elston were responsive to our needs and investment philosophy and worked with us to develop an investment solution tailored for our clients”.
Elston Asset Management offer a range of publicly available SMA models across HUB24, Macquarie, Netwealth and BT Panorama.
Recommended for you
Global investment manager First Sentier Investors has launched an umbrella brand to provide greater clarity around its shift to a multi-affiliate asset manager encompassing six investment teams.
Janus Henderson has seen intermediary outflows in the second quarter of US$1.2 billion, although its deal with insurer Guardian means overall net flows are US$46.7 billion.
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.