CFS FirstWrap adds AllianceBernstein fund

CFS FirstWrap adds AllianceBernstein fund

AllianceBernstein's long-only global equities fund has been added to the Colonial First State FirstWrap platform.


The AB Global Equities Fund, which is run by a Danish team out of Copenhagen, has been added to Colonial First State FirstWrap platform.

The fund is already available on BT Wrap, Macquarie Wrap, HUB24 and Powerwrap.

AB Australia chief executive Jen Driscoll said the fund's growing presence in the Australian market demonstrates that "investors still have an appetite for active core strategies in diversified equities portfolios".

"It also supports our view that the debate about active vs. passive investing should not be couched simply in terms of ‘either/or’. We believe both approaches have a role to play," Ms Driscoll said.

The fund was launched in Australia in July 2015 and is rated 'recommended' by Zenith Investment Partners and Lonsec.

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CFS FirstWrap adds AllianceBernstein fund
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