OneVue adds international equities to Luminous
OneVue this week announced it had launched an International Equities capability on its separately managed accounts (SMA) service, LUMINOUS.
The company announced the initiative claiming it represented a response to a growing demand for access to some of some of the world's most dynamic global trading markets.
It said the first investment managers to have signed up for the LUMINOUS international service were Melbourne-based Watershed Funds Management and Fat Prophets.
Commenting on the move, OneVue head of platform services, Lisa McCallum, said the company didn't want to just launch an international share capability, but wanted to offer professionally managed portfolios that genuinely gave Australian investors easy access to investing in globally-listed companies.
"We have had significant demand from our advisers, who say investors are looking for direct international exposure which offers them transparency. They want to see clearly which investments they hold, which is what an SMA delivers," she said.
McCallum said OneVue would look to extend its international offering in the next few months, to include direct international investing options to investors.
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