Rob Thompson
Insight Investment, a leading global investment manager, has announced the Insight Diversified Inflation Plus Fund has been added to the non-aligned, zero ongoing fee platform, uXchange.
uXchange is a transactional asset hub delivering advisers and their clients low cost, low risk, efficient access to global and domestic managed funds.
The Insight Diversified Inflation Plus Fund offers a modern approach to portfolio construction combining dynamic asset allocation and diversification across both traditional and alternative sources of risk premia, with a focus on downside risk management.
The A$200 million Australian-domiciled Fund aims to deliver attractive, positive long term returns of 5% in excess of inflation over a rolling five year period. It uses a multi-asset approach investing in equities, fixed income, real assets, total return strategies and cash, with the ability to move between asset classes depending on market conditions. The Australian-domiciled fund is based on Insight’s flagship A$12.2 billon Broad Opportunities strategy which has been running for 15 years.
Rob Thompson, Head of Intermediary Distribution at Insight Investment, said: “In this post Royal Commission environment, we are seeing a paradigm shift as advisers move to non-aligned models, making platforms like WealthO2’s uXchange even more relevant. Our industry is going through considerable change and we are witnessing the emergence of new service providers such as WealthO2 challenging incumbent models.”
Launched by WealthO2 in July 2017, it has more than 330 global and domestic funds on its platform. uXchange provides advisers using WealthO2’s portfolio management and financial planning software services with access to wholesale managed funds, alongside Holder Identification Number (HIN) based access to ASX listed assets, and cash deposit products. The Insight Diversified Inflation Plus Fund can be accessed in WealthO2’s APRA regulated Super Simplifier as well as for self-managed super fund and investment clients.
Shannon Bernasconi, co-founder and Managing Director of WealthO2, “Since launching two years ago the service has provided access to over 330 wholesale fund managers – from boutiques to global names – for advisers and their clients. We are different from many other service providers in that funds are added based on adviser demand, not the other way around. This is a huge shift in approach for the industry, the adviser and the client.”