Platforms benefit from investor optimism
Investors are the most optimistic they have been for two years, according to new research released by Investment Trends.
Addressing the Money Management Platforms and Wraps Conference in the Hunter Valley, Investment Trends senior analyst Recep Pecker said there was good news for platform flows because investors were beginning to move out of cash-type investments and back into the market.
"This year, platform flows are definitely up," he said. "Investors really are more confident than they have been for the last couple of years."
However Peker noted that investor confidence had been strongest in February and had dissipated somewhat in recent months as a result of some continuing global volatility and some domestic uncertainty.
The Investment Trends research confirmed that, on average, planners use two and a half platforms and select them according to getting the basics right rather than cost.
"Each year a quarter of planners stop using a platform and if you look at why they leave it is usually about fees," Peker said.
Recommended for you
Two former senior Global X employees have launched their own ETF provider, ETF Shares, focused on offering index ETFs for advisers and retail investors.
With GCQ Funds Management and Lakehouse Capital making their recent ETF debuts, the two fund managers unpack why financial advisers are essential to their respective launches.
ETF provider Global X is set to launch its latest ETF, focused on artificial intelligence infrastructure.
Index provider MSCI has unveiled two measures to make it easier for financial advisers and wealth managers to access transparent insights into private assets.
