Netwealth launches global managed account
Product and platform provider, Netwealth, has launched an international managed account that gives investors access to global equity markets as demand increases for offshore investments.
Netwealth joint managing director, Matt Heine, said: "Investors are increasingly seeking offshore investment opportunities, especially in sectors not well represented in Australia, but also want transparency and control".
The platform would also give investors access to professional management, trade execution and administration, Netwealth said.
As part of its launch, boutique asset management firm, Arnhem, has listed its flagship global growth and Australian portfolios on the platform.
Arhem managing partner, George Clapham said: "Netwealth has been at the forefront of providing innovative investment solutions to their client's for many years and we believe Arnhem's genuinely differentiated global approach will provide significant benefit's to their clients".
Recommended for you
Bell Financial Group has appointed a chief investment officer who joins the firm from Clime Investment Management.
Private markets funds with “unattractive practices” could find themselves facing enforcement activity with ASIC chair Joe Longo stating he cannot rule it out in the future.
Despite ASIC concerns about private credit funds being accessed via the advised channel, there are questions regarding how high its usage actually is among financial advisers.
Challenger has looked to the superannuation industry for its appointment of a group chief investment officer, a newly-created role.
