NAB Private Wealth and BlackRock form ETF partnership
NAB Private Wealth and BlackRock have partnered to make exchange traded fund (ETF) investing more accessible for all Australian investors, from retail to ultra-high net worth.
As an extension of NAB Private Wealth’s broader relationship with BlackRock, nabtrade and iShares partnered to offer a suite of innovative iShares ETFs which would be available on nabtrade.
Informed by NAB’s experience as a wealth manager, BlackRock’s iShares ETFs would include globally diversified and sustainable multi-asset portfolios using iShares ESG building blocks.
NAB’s customer insights highlighted investors were increasingly seeking better value and guidance along their investment journey as well as more sustainable investment options.
In response, BlackRock iShares would create ETF-related educational content to help nabtrade build out its dedicated ETF Centre to meet customers’ needs.
Justin Greiner, executive at NAB Private Wealth said NAB was excited to partner with BlackRock to make this range of iShares ETFs available on the nabtrade platform.
“As one of the global pioneers in ETF investing, BlackRock iShares is known for the breadth of its global offering, sustainability focus, and investor education in helping investors understand how they should think about portfolio construction,” Greiner said.
“At NAB Private Wealth, we look to partner with global and local leaders to deliver unique and innovative investment solutions to our clients.
Jason Collins, deputy head of Australasia at BlackRock, said: “The combined expertise of BlackRock and NAB Private Wealth draws on our global iShares product set paired with local insights to develop funds specifically designed to meet Australian investors’ evolving needs.
“We look forward to extending our relationship with the NAB Private Wealth team as we broaden our local range of sustainable investment solutions to ensure every Australian investor who seeks to invest more sustainably has a broad choice of cost-effective investment options," Mr Collins said.
The new iShares ETFs were expected to be available in August via nabtrade with a dedicated ETF Centre comprising the latest insights, education, and tools.
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