Jason Komadina
MLC Asset Management (MLC[1]), has expanded its range of Managed Account Strategies to include conservative and high growth options in response to market demand from advisers for more transparent, diversified solutions for clients.
MLC Asset Management is one of Australia’s most experienced investment managers with over $170 billion assets under management and more than 100 investment professionals across ten teams[2]. MLC’s Managed Account Strategies combine MLC’s proven investment expertise with the benefits and efficiencies of a managed account structure and have been given an Outstanding rating by independent research firm SQM Research[3], the only manager to receive this rating for multi asset managed accounts nationally.
The Premium Model Portfolios capture the return opportunities of active management, and the Value Model Portfolios manage costs through select passive exposures, providing clients with real choice.
MLC General Manager Direct Capabilities and Specialist Investment Services, Jason Komadina, says MLC Asset Management has a long and deep history of helping advisers and their clients achieve their goals.
“The need for quality advice and demands on advisers have both never been higher. We are very pleased to bring these new portfolios to market given the success we’ve had with our existing portfolios. Now the range includes conservative and high growth options offering a full suite for advisers to utilise, we have taken the opportunity to align the existing portfolios naming convention with industry standards, while also more simply and transparently conveying the nature of their expected risk,” he said.
Additionally, MLC’s Managed Accounts Strategies have reached its $500 million milestone in under two years.
Commenting on this milestone, Mr Komadina said, “Reaching this milestone in just two years is a testament to our expert team. We have a strong heritage of managing multi-asset diversified portfolios to deliver quality outcomes for clients at a competitive price point.”
Managed accounts still a booming market Australians now have over $130 billion[4] invested in managed accounts as investors and their advisers continue to be attracted to the simplicity of accessing professionally managed portfolios while providing them transparency and direct ownership of the underlying investments.
Commenting on the managed accounts industry, MLC Portfolio Manager, Anthony Golowenko, said: “Managed accounts continue to grow in popularity (in Australia) as they offer simplicity and scalability with the ownership, and transparency of direct investing. They allow advisers to provide efficient and effective solutions to a wider client base, offering clients an attractive means of gaining exposure to a range of investments.
“We build resilient portfolios using a forward-looking scenarios approach. This focuses on the distribution of capital market returns, rather than point estimates, making them better positioned to deal with future markets uncertainties,” he noted.
Both Premium Model and Value Model Portfolios are now available via the MLC Wrap, MLC Navigator, Macquarie Wrap, BT Panorama, and HUB24 platforms.
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