Investors seek access to domestic and Asian markets
The long-term investment outlook for the Australian share market remains positive, following a period of strong, consistent investment returns over the long-term, according to Macquarie’s Equity Markets Group manager Pia Cooke.
However, investors are also seeking funds that offer access to the Asian growth story, prompting Macquarie Portfolio Management to launch two additional funds to its Atlas range of products.
“Investors are still demanding exposure to the domestic share market, because of its defensive characteristics… By comparison, the Asian region is highly diverse economically, and provides a multitude of potential opportunities for investors to profit from this region,” Cooke said.
“This profit potential has been evidenced in recent years by the significant growth and recovery in many of the larger Asian stock markets.”
The Atlas products have been designed to provide investors with capital growth, as well as an ongoing income from their investment.
Atlas 3 consists of 80 stocks from Australia’s largest companies, while Atlas Asia comprises 80 stocks from the six Asian stock markets, with a minimum market capitalisation of $1 billion.
The minimum loan amount is $50,000 and Macquarie Bank is offering loans of 100 per cent of the initial investment amount to approved investors.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.