Mercer expands its footprint
Six Mercer multi-manager funds have been added to Macquarie Wrap and HUB24's superannuation and pension platforms.
The global investment company, Mercer, said more platforms were embracing innovation and financial advisers and their clients could now access Mercer's suite of innovative diversified funds.
Retail investors could now access Mercer's conservative growth, defensive, select growth, high growth, moderate growth and income plus funds.
The company's Pacific market leader of investments, Simon Eagleton, said Mercer's institutional insights and experiences would now be available to the retail market.
The funds would be added to Macquarie's Investment Super Manager/Consolidator and Macqurie's Manager/Consolidator, as well as HUB24's Super and Invest platforms.
Recommended for you
The Federal Court has issued its verdict in ASIC's first greenwashing case against Vanguard Investments Australia regarding the use of ESG exclusionary screens.
Investment managers who plan to implement artificial intelligence in the next five years expect to see increased productivity, but views are mixed on whether it will boost revenue and assets under management.
A former corporate adviser has been sentenced in the Supreme Court of Western Australia for insider trading to realise a profit of more than $57,000.
Private markets expertise is sought-after for investment operations hires as allocations to alternative assets rise, according to a recruitment firm, but there is a gap between demand and supply.