HUB24 launches direct international equities offering

expansion product launch international equities

6 December 2016
| By Hope William-Smith |
image
image
expand image

HUB24 is expanding on its suite of international managed portfolios initially launched 12 months ago, with the addition of a new functionality for direct access to individual international equities.

HUB24 managing director, Andrew Alcock, said: "We are...opening up opportunities to access international equities directly or collectively via professionally managed international portfolios".

"This new capability...will offer advisers and their clients access to international shares, in a simple and seamless manner with all other assets."

Alcock said the decision to expand portfolio offerings had followed a recent HUB24 whitepaper on self-managed superannuation fund (SMSF) exposure to overseas assets, and would help advisers better serve SMSF clients by launching options for diversification.

"This issue of SMSFs' limited exposure to overseas assets...was contradictory to the fundamental principles of diversification," he said.

"HUB24 is helping advisers to service the needs of their current SMSF client base and opening up new client opportunities."

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

12 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 17 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 15 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 18 hours ago