Nikko AM gains greater penetration through HUB24



Advisers will be able to access the Nikko Asset Management (AM) Tyndall Australian Share Concentrated Portfolio through HUB24's Invest and Super solutions.
Nikko AM Australia managing director, Sam Hallinan, said the addition of the portfolio through HUB24's platform demonstrated strong ongoing investor demand for high quality, total return equities strategies.
"As a leading wealth management platform with broad dealer group coverage, HUB24 allows us to extend the options available for financial advisers and investors to access our investment strategies," he said.
"Our discussions with advisers and investors have shown an increasing focus on total returns and strategies that are managed in a risk-aware manner.
"Because of its concentrated nature and more mid-cap bias, this strategy can offer diversification benefits such as having lower correlation to the market or to other equity strategies."
Recommended for you
Several wealth management companies have been shortlisted in the second annual Australian AI Awards program, which champions individuals and organisations pioneering Australian AI innovation.
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.