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
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
