Fat Prophets target retail investors
Funds management firm, Fat Prophets, is targeting retail investors who want choice and control over their superannuation with its new digital investment platform.
The Sydney-headquartered firm launched SuperProphets.com.au today, with OneVue, as a "low-cost single platform for everyday investors".
Fat Prophets founder and chief executive, Angus Geddes, said the new platform would enable retail investors to access quality research and managed accounts.
"Super Prophets gives them the ability to transact a range of investment products with competitive and transparent fees," he said.
Geddes added that the website was launched in response to demand from Fat Prophets' 18,000-strong subscriber base, with the mission to "empower and educate" its members, and to give investors confidence to make well-informed decisions about their investments.
AUTHOR
Nicholas O'Donoghue
Recommended for you
First Sentier has announced it will transition the Stewart Investors investment management responsibilities to its affiliate investment team in light of three senior portfolio manager exits.
The $365 billion UK fund manager Royal London Asset Management is to launch two funds in Australia by the end of November as it seeks to build an international presence.
With ETF pricing becoming more competitive than ever, those active ETF vehicles priced higher than 120bps are the only segment of the popular product to see outflows.
Income Asset Management has promoted former ASIC commissioner, Danielle Press, as chair of its board following the retirement of John Nantes.
