Ventura accesses all areas
Financial services group Professional Investment Services’ Ventura Investment Management has launched two multi-manager funds to offer advisers greater international exposure.
Commenting on the launch, Ventura managing director Kate Mulligan said an investor that limits its exposure to Australia eliminates 97 per cent of the world’s investment markets, as Australia represents only 3 per cent.
“The Ventura Global Opportunities Fund is designed to provide investors with the opportunity to access managers that have been identified as being among the best global equity managers in the world.
“It has been constructed to provide investors with a differentiated and complementary source of excess return within a risk controlled environment — ultimately leading to high expected returns,” Mulligan said.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.