POWERED BY MOMENTUM MEDIA
OneVue signs AB and Franklin Templeton
Investment and superannuation platform provider, OneVue has expanded its separately managed accounts (SMAs) capability by adding AllianceBernstein and Franklin Templeton to its platform.
Under the terms of the deal, both AB Concentrated Global Growth Equities and the AB Concentrated US Growth Equities portfolios would become a part of OneVue’s Managed Account Model Portfolio while Franklin Templeton would add its Franklin Concentrated Global Equity ex-Australia portfolio to OneVue.
AB’s chief executive, Jen Driscoll, said: “OneVue is one of the few platforms in Australia actively offering global SMAs and we look forward to working with them to provide investors with the benefits of direct international share ownership, such as transparency, direct dividend cashflow and tax efficiencies, all at an affordable cost.”
Lisa McCallum, OneVue EGM Platform Services, said the move followed a growing demand among the Australian investors to diversify their portfolios and gain access to global investments.
“We are very pleased to be partnering with both AllianceBernstein and Franklin Templeton who are both leading global fund managers with deep research and portfolio management expertise,” she added.
Recommended for you
A member of the super fund has approached ASIC to investigate potentially misleading or deceptive representations by UniSuper regarding the holdings of its sustainable portfolios.
The median growth fund delivered 1.9 per cent in March, adding to the “stunning” rally that has seen super funds gain 11 per cent since November.
Vanguard has affirmed its support for the current super performance test, emphasising the importance of keeping the process straightforward.
While some superannuation funds have gone down the route of internalisation, others say they favour ‘smart partnering’ with external managers for diversification appeal.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment