Netwealth launches global managed account
Product and platform provider, Netwealth, has launched an international managed account that gives investors access to global equity markets as demand increases for offshore investments.
Netwealth joint managing director, Matt Heine, said: "Investors are increasingly seeking offshore investment opportunities, especially in sectors not well represented in Australia, but also want transparency and control".
The platform would also give investors access to professional management, trade execution and administration, Netwealth said.
As part of its launch, boutique asset management firm, Arnhem, has listed its flagship global growth and Australian portfolios on the platform.
Arhem managing partner, George Clapham said: "Netwealth has been at the forefront of providing innovative investment solutions to their client's for many years and we believe Arnhem's genuinely differentiated global approach will provide significant benefit's to their clients".
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
