Mason Stevens and Peter MacGregor partner to provide SMA
Managed account provider, Mason Stevens, and global equity manager, Peter MacGregor Capital Management, have partnered to offer a global equity separately managed account (SMA).
The SMA will be provided to selected independent financial advisers (IFAs) and their clients.
Commenting on the partnership Winston Capital Partners founding partner, Andrew Fairweather, said "this was a real benefit for investors now being able to access this leading strategy with an initial minimum investment of $50,000 whilst allowing direct stock ownership and full portfolio transparency".
"Peters MacGregor's long-term and low turnover approach will suit a number of advisers who want an expert bottom up stock picker to partner with that blend well with other managers, are transparent and accessible."
Masons Stevens' chief executive, Thomas Bignill, said the firm is seeing very strong global equity demand from their advisers.
"Having the Peters MacGregor's SMA is a major plus for those investors who are seeking to diversify their Australian equity holdings," he said.
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