Macquarie diversifies platform
Macquarie has added international listed securities and domestic fixed income investment classes to its platform, Macquarie Wrap, following adviser demand for diversification options.
"The Macquarie Wrap platform now has the flexibility to support domestic fixed income securities issued by the Commonwealth Government, state governments and corporations, giving investors the potential for a steady and reliable return," Justin Delaney, Head of Wealth Product for Macquarie's Banking and Financial Services Group, said.
"International listed securities allow advisers to trade fully paid ordinary shares and common stocks on behalf of their clients across 14 exchange platforms and their corresponding primary indices across 10 countries," he added.
The latest enhancement follows efforts by Macquarie to improve the managed account functionality late last year.
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