Fiducian Portfolio Services plans to review its Australian equities portfolio in the next six months.
Its three Australian equity manners are BT Financial Group, Ausbil Dexia and Wallara Asset Management.
"We are very happy with our existing three managers but we would like to review the sector following merger and acquisition activity in the Australian market," Fiducian investment manager Conrad Burge said.
"The recent private equity bids for Australian listed companies have distorted the market, making it harder for portfolio managers to pick good stocks."
Fiducian will also look at listing some of its funds on other platforms.
"We already have strong inflows into our funds, however, our distribution remains restricted. We will be looking at platforms to list a limited number of our funds," he said.
To date, Fiducian's 12 funds are only available on its platform.
Fiducian's funds invest in international equity, Australian shares, bonds and property.
Burge ruled out any expansion to alternative investments.
"Alternative investments raise a number of issues around liquidity, transparency, valuation and lack of market regulation. Our client base is largely made up of retirees. We don't want to be investing in asset classes that will adversely impact their retirement savings," he said.
