POWERED BY MOMENTUM MEDIA
Xpress Super adds Macquarie SMA
Recently-launched Xpress Super has added Macquarie's Separately Managed Account (SMA) product Macquarie Personal Portfolio to its platform.
The addition of the Macquarie product was confirmed by Xpress Super chief executive Olivia Long, who said her company had chosen Macquarie's Personal Portfolio because it provided self-managed super funds (SMSFs) with both direct ownership of shares and professional investment management.
"We chose Macquarie for its strong track record managing SMAs and for the depth of its research and investment process," she said. "It is our intention to continue to add products to the Xpress platform that SMSF trustees would want to incorporate into their super fund.
"We see a logical place for SMAs in SMSFs. There is an increasing trend toward direct equities within SMSFs and through Xpress Super, trustees can now utilise investment managers to professionally manage all or a portion of their direct equity portfolios," Long said.
Recommended for you
Taking a purely passive investment approach is leaving many investors at risk of heightened valuation risks, Allan Gray and Orbis Investments have cautioned.
Annual trimmed mean inflation saw a slight spike in April, according to data from the ABS.
Active managers say that today’s market volatility and dislocation are creating a fertile ground for selective stock picking, reinforcing their case against so-called “closet indexers”.
Platform leaders admit they’re operating under constant pressure and a persistent “state of paranoia” to keep pace with technology that is reshaping how clients access and interact with their wealth.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
