Optimix adds managers to line-up
TheINGinvestment platform, Optimix Investment Management, has added four new managers to the panel for its Australian equities, fixed interest and cash offerings.
On the Australian equities front, 452 Capital,Orion Asset ManagementandBarclays Global Investorshave joined existing managers ING Investment Management,Schroder Investment Management AustraliaandInvestors Mutual.
While in the cash and Australian fixed interest portfolio,Citigroup Asset ManagementjoinsCredit SuisseandUBS Global Asset Managementin the line-up.
ING executive director Ross Bowden says appointments follow a detailed and rigorous review of the Optimix portfolios.
“This process continues to ensure that Optimix retains a high quality diversified mix of managers that incorporate not only those that are well established, but also those with the proven ability to move between active positions quickly,” Bowden says.
Optimix has also released figures showing that two of its largest pooled funds, Optimix Balanced and Optimix Growth have outperformed the median over periods of one, three, five, seven and ten years for the year ending Feb 29.
The Optimix funds are available through all of ING’s platforms and as stand-alone products.
Recommended for you
With an advice M&A deal taking around six months to enact, two experts have shared their tips on how buyers and sellers can avoid “deal fatigue” and prevent potential deals from collapsing.
Several financial advisers have been shortlisted in the ninth annual Women in Finance Awards 2025, to be held on 14 November.
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
