AQR Capital Management adds unit class to trust


AQR Capital Management (AQR) has announced the introduction of new unit class within its AQR Global Risk Premium Trust.
It said the new class was intended to make the investment strategy accessible to a larger number of Australian investors.
Announcing the move, AQR principal Jeff Dunn said the new Class 1F units would come with additional disclosure and a smaller minimum investment size (A$25,000).
He claimed the changes would make the product suitable for use on Australian platforms and for distribution through financial advisers or directly to investors.
According to AQR, the trust's objective is to produce attractive risk-adjusted returns while diversifying investors' exposure to equity risk.
Recommended for you
Financial Services Minister, Stephen Jones, has assured the cost and time to enter the financial advice profession will soon be halved, as shadow treasurer Angus Taylor pledges to reach 30,000 advisers.
The positive results of the latest financial adviser exam have helped the advice profession reach 15,600 yet again, according to Wealth Data analysis.
Financial advice firms have told Adviser Ratings they are planning to increase their compliance spend by almost a third, including on enhancements to their cyber security which ASIC has identified as an enforcement priority.
The digital advice platform is officially launching into the financial advice sector, offering up its services to practices as a means of engaging with the next generation of clients.