BetaShares SMAs available on Netwealth
BetaShares has announced its range of ethically-screened separately managed accounts (SMAs) are available on the Netwealth platform.
This included the BetaShares Australian Sustainability Leaders SMA, which held direct equities and provides exposure to Australian companies that met strict sustainability and ethical standards, and three multi-asset SMAs.
BetaShares CEO, Alex Vynokur, said: “Demand from financial advisers for true-to-label responsible investment solutions continues to grow as investors increasingly seek out ways to align their portfolios with their values.
“The use of SMAs continues to grow as more financial advisers recognise the role this product structure can play in adding scalability to their practices and improving rigour around investment and portfolio construction decisions.”
Netwealth managing director, Matt Heine, said: “Working with BetaShares allows us to offer their ethically screened managed accounts via our investment and super platform. We are seeing continued demand for responsible investments as investors demand simple, convenient, and transparent investment solutions”.
Recommended for you
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
The global asset manager has announced a new chief executive to succeed Abdallah Nauphal, who has helmed the firm for nearly 20 years.
The ethical fund manager has appointed a new business development manager from Count with the aim of driving growth and enhancing support for financial advisers.