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
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
