Axa North and CFS FirstWrap have added Select's global hedge fund portfolio.
Platforms Axa North and Colonial First State FirstWrap have added Select Asset Management's alternative portfolio product to their product line-up.
The Select alternative portfolio invests in international and domestic alternative assets, including private equity, infrastructure and precious metals, as well as hedge funds and managed futures.
"We are seeing strong demand from a large number of dealer groups and platforms who recognise that trying to pick individual alternative investments is fraught with potential reputation and compliance risk," Select Asset Management chief executive Andrew Fairweather said.
"Partnering with a firm like Select that devotes its resources to rigorous manager selection and robust portfolio construction is a smarter way to access alternatives."
The Select alternatives portfolio has already been listed on Asgard, Navigator, MLC Masterkey Custom and Macquarie Wrap.
It is also available direct to investors with a minimum investment of $25,000.
The two non-consecutive alphabetic letters encountered most often last week caused more controversy than the underlying policy they represented, Wouter Klijn writes.... read more »
Home delivered!
Daily news, weekday mornings
Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.
