Nanuk fund added to new platforms



Nanuk Asset Management has announced that its New World Fund has been recently included on a number of platforms such as Praemium, WealthO2 and Xplore Wealth.
The fund, which invested in listed shares that were wholly focused on industries related to the broad themes of environmental sustainability, is approved on 15 platforms in total, including CFS First Wrap, BT , HUB24, IOOF, Macquarie and Netwealth.
“The surprise for us is the extent to which investor interest in running ahead of the advice industry in some quarters,” Nanuk’s managing director, Paul Chadwick, said.
“People are genuinely seeking to invest in companies that reflect the significant changes and disruptive technologies that we find are typically associated with sustainable and responsible investing.”
Recommended for you
Several wealth management companies have been shortlisted in the second annual Australian AI Awards program, which champions individuals and organisations pioneering Australian AI innovation.
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.