New MLC index product earns top rating


Research and ratings house, Lonsec has awarded MLC’s recently-launched MLC Wholesale Index Plus portfolio a “highly recommended” rating.
The three MLC Index Plus portfolios are actively managed, multi-asset portfolios which provide investors with access to returns from investment markets through a blend of index, enhanced index and active strategies.
Commenting on the Lonsec rating, MLC chief investment officer, Jonathan Armitage attributed it to the company’s focus and track-record.
He said the rating drew on Lonsec’s existing familiarity with a similar strategy that had been run by MLC’s investment team since 2010.
“The rating is based on Lonsec’s continued high regard for the fund’s investment team, risk management framework, and investment process. In particular, the fund’s capital market research process is viewed as robust and innovative compared to peers,” Armitage said.
“By launching MLC Index Plus in addition to our existing MLC Inflation Plus and MLC Horizon portfolios, we can confidently say that we have solutions to meet a very broad range of customers’ needs.”
The MLC Index Plus portfolios are available through MLC Wrap and Navigator.
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.