Investment partners help HUB24 launch international portfolios
Investment and superannuation platform provider, HUB24 has announced partnerships with fund managers, Southeastern, Arnhem, and AllianceBernstein to expand stock portfolios for Australian investors.
HUB24 managing director, Andrew Alcock said the new partnerships would allow the company's advisers and clients to gain exposure to offshore markets.
"Until now, managed funds and ETFs have traditionally been the dominant avenues to invest overseas. International managed portfolios provide a great way for advisers to help their clients directly own shares in international companies and build out or complement their global exposure," he said.
"We're partnering with leading investment managers to drive greater opportunities."
HUB24's international managed portfolio capability was launched four months ago.
AllianceBernstein has produced a focused US growth equity manages portfolio, while Southeastern will launch a value-focused portfolio with a concentrated position in 18 to 22 international equities.
Anhem have produced a high conviction managed portfolio of industries not available on the Australian Stock Exchange (ASX), which is the second to be available on HUB24, following from Arnhem Australia in December 2015.
AUTHOR
Hope William-Smith
Recommended for you
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.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.
