Copia’s fund added to Hub24 and FirstWrap
Veritum Asset Management has announced that its Equity Income Fund has been added to Hub24 and FirstWrap’s IDPS and superannuation menus.
The fund was designed for investors looking for lower-risk equity market exposure, such as retirees, with an aim to invest in Australian companies that had potential to generate reasonable capital growth, but with less risk, the company said.
Vertium’s chief investment officer and founder, Jason Teh said: “We’re delighted financial advisers will now have access to the fund via both Hub24 and FirstWrap.
“We think there is an unmet need, particularly in servicing retirees in the decumulation phase, and believe our triple-objective approach gives advisers the opportunity to offer their clients the potential to achieve superior investment outcomes in the lead-up to and during retirement,” he said.
The fund also received a ‘recommended’ rating from research house, Lonsec, last year.
Chief executive of Vertium’s parent company, Copia Investment Partners, Sam Baillieu said: “It is a great result for Vertium to follow up their recommended rating with the fund’s inclusion on the Hub24 and FirstWrap platforms well within their first year of business.”
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
