Macquarie and van Eyk strike Blueprint deal
Macquarie Wrap Solutionshas struck a deal withvan Eyk Researchto utilise the latter’s Blueprint series of funds across its two platforms - the high net worth Macquarie Investment Manager and soon to be launched baby wrap, Macquarie Accumulator.
“The role of van Eyk is to provide a diversified range of investment options and managers in a packaged solution to advisers that are looking to outsource that investment function to an independent researcher or provider,” says Macquarie Adviser Services division associate director Matthew Rady.
The deal agreed earlier this week is immediately effective for the high net worth wrap, which has a minimum investment of $50,000 and will apply to the baby wrap when it is launched in August.
The Macquarie Accumulator range is a simplified superannuation and ordinary investment platform solution with low entry account balances, access to over 100 investment choices and a simple fee structure.
"Macquarie is excited by the opportunity to offer advisers a simplified investment model where fund manager selection and weightings can be outsourced to a specialist researcher in a straight forward investment package,” says Macquarie Adviser Services division executive director Neil Roderick.
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.
