Aviva Australia names five managers for new Navigator SMA
Aviva Australia has appointed five fund managers to the separately managed account (SMA) facility it will launch on its Navigator platform in September.
The managers are Aviva Investors, Ausbil Dexia, Goldman Sachs JBWere Asset Managers, Perennial Investment Partners and UBS Global Asset Management.
They will collectively manage eight model equities portfolios on the platform, available through Aviva’s superannuation, pension and investment plans.
“The five managers are strong brands with proven investment capabilities in Australian equities and all receiving good inflows into existing portfolios,” according to Stuart Fechner, Aviva’s distribution development manager, investment products.
“We wanted to achieve an optimum range of categories to suit the majority of investor needs while providing flexibility for advisers to construct appropriate portfolios,” he said.
Aviva Investors will manage a Blue Chip Top 20 index model portfolio, which Aviva Australia has included to provide access to mainstream large capitalised companies.
Aviva Investors’ Dividend Builder model portfolio will feature under the SMA’s value/income category, alongside the Perennial Value Shares portfolio.
Aviva Investors’ Core Opportunities portfolio also features in the SMA’s core/growth offering.
Other portfolios in the category will be Ausbil Australia Concentrated Equity portfolio, GSJBW Core Australian Equities, Perennial Growth Shares and UBS High Alpha Long-Term Opportunity.
Recommended for you
As the year draws to a close, a new report has explored the key trends and areas of focus for financial advisers over the last 12 months.
Assured Support explores five tips to help financial advisers embed compliance into the heart of their business, with 2025 set to see further regulatory change.
David Sipina has been sentenced to three years under an intensive correction order for his role in the unlicensed Courtenay House financial services.
As AFSLs endeavour to meet their breach reporting obligations, a legal expert has emphasised why robust documentation will prove fruitful, particularly in the face of potential regulatory investigations.