Macrovue releases platform for retail investors
The unveiling of an online trading and brokerage platform from investment service, Macrovue, will allow Australian retail investors to access overseas investment opportunities.
Macrovue chief executive, Sid Sahgal, said: "We have a purpose-built platform to directly help everyday Australians who want to... invest in broader global investment themes."
"To date, these opportunities have been highly intermediated, expensive, or just simply out of reach." Sahgal said that the increase in digital financial technology had helped create a new focus for investment, which saw investors opened to more opportunities in the global market and assistance for Australians wanting to buy offshore listed companies.
"[There is] a power shift in the investment value chain that elevates individual investors to the same access level as institutions," he said.
"Our sights are set on firmly empowering a greater number of investors who want to... acquire global stocks at low cost."
AUTHOR
Hope William-Smith
Recommended for you
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.
Betashares has named the top Australian suburbs with the highest spare cash flow, shining a light on where financial advisers could eye out potential clients.
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
