MLC Asset Management boosts managed accounts offering


MLC Asset Management has expanded its range of managed account strategies to include conservative and high growth options in response to market demand from advisers for more transparent, diversified solutions for clients.
MLC general manager direct capabilities and specialist investment services, Jason Komadina, said the need for quality advice and demands on advisers had never been higher.
“Now the range includes conservative and high growth options offering a full suite for advisers to utilise, we have taken the opportunity to align the existing portfolios naming convention with industry standards, while also more simply and transparently conveying the nature of their expected risk,” he said.
Additionally, MLC’s Managed Accounts Strategies had reached its $500 million milestone in under two years.
Commenting on this milestone, Komadina said: “Reaching this milestone in just two years is a testament to our expert team. We have a strong heritage of managing multi-asset diversified portfolios to deliver quality outcomes for clients at a competitive price point.”
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.