Netwealth adds Partners Group GVF
Partners Group has had its open-ended Global Value Fund (GVF) added to the netwealth platform.
The fund, which provides investors with exposure to a mature portfolio of more than 1,000 private companies around the world, has also secured a "highly recommended" rating from research house, Lonsec.
Since the GVF was established in 2007, it has out-performed global public equities markets, while exposing investors to lower levels of volatility.
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Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
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The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.
