Sentry partners with OneVue on new SMA series
Financial planning group, Sentry, has partnered with platform provider OneVue to deliver a new range of separately managed accounts (SMAs) for Sentry advisers.
According to Sentry Group, up to 250 non-aligned professional advisers will be able to benefit from accessing the new suite of seven foreign portfolio investment (FPI) SMAs on the OneVue platform.
The Sentry group of adviser services had about $5 billion of funds under advice.
Sentry group executive chairman and chief executive, Murray Hills, said by expanding its private label range of platforms, advisers would now have access to more choices for their clients.
"Our SMA service has continued to gather momentum and the combination of this with our platform partner, OneVue, represents a compelling and different proposition for advisers and clients alike, while it still delivers value for money," Hills said.
Sentry said it had chosen OneVue as a partner because it allowed access to seven FPI SMA model portfolios on both its investor director portfolio service (IDPS) and super offering.
Recommended for you
Pinnacle has reported a 151 per cent rise in net profit after tax in its half-year results, helped by overseas expansion and affiliate performance fees with further international deals in the pipeline.
Global asset manager Janus Henderson generated more than US$2 billion in net inflows during 2024, thanks to its strengthened intermediary channel and M&A activity.
Amid the rising demand for more flexible private equity investment options, LGT Capital Partners has launched a semi-liquid fund for wholesale investors in Australia and New Zealand.
The departure of Gerald Stack from Magellan could lead to redemptions as high as $8 billion, according to Morningstar, given the majority of assets in his infrastructure strategies are held by institutional clients.
