Lonsec adds to Netwealth’s global managed account range
Lonsec has added to Netwealth’s Global Specialist Series (GSS) Managed Account range, by launching Lonsec GSS Index Plus.
The portfolios are built around core Netwealth GSS passive strategies and a range of active satellite funds that leverage Lonsec’s extensive research capabilities, backed by its governance and review process.
Lonsec chief executive, Mike Wright, said: “These new managed portfolios give investors and financial advisers access to investment solutions supported by one of Australia’s largest investment consulting and research teams.
“Being able to access our portfolio construction and investment selection expertise can help advisers and investors to make better investment decisions and we’re proud to partner with Netwealth to bring these portfolios to the market.”
Lonsec GSS Index Plus offers four portfolios: Moderate, Balanced, Growth and High Growth.
They are constructed using a range of growth and defensive assets such as Australian and global equities, property, fixed interest, and cash.
Lonsec chief investment officer, Lukasz de Pourbaix, said: “We were excited to develop this suite of portfolios with Netwealth as they offer a cost competitive solution for investors looking for a quality investment providing capital growth and income over the medium to long term.
“The portfolios also incorporate dynamic asset allocation and use a core/satellite approach to investment selection.”
Matt Heine, Netwealth joint managing director, said: “Lonsec bring a wealth of investment research and portfolio construction expertise to this partnership, and we are sure that these portfolios will prove popular with our advisers and investors.”
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