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
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.