LIS reveals new and exclusive alternative assets solution for high-net-worth individuals

Nathan Lim

Lonsec Investment Solutions (LIS) has announced the launch of a new and unique investment solution designed exclusively for advisers and their high-net-worth clients.

With private markets showing strong positive trends, LIS has developed a distinct approach that enhances portfolio diversification whilst offering a flexible investment structure via a Managed Discretionary Account, allowing for a high level of portfolio personalisation.

This exclusive investment solution – the LIS Growth Alternatives (LGA) Individually Managed Account (IMA) accesses the recently announced partnership between Netwealth and iCapital to deliver a wholesale IMA focused on Alternatives Assets.

LGA will leverage the administration services of Netwealth’s off-platform reporting to allow a unified view of the client account and provide an annual tax report.

With a minimum entry point of $500,000 into these sophisticated investments, advisers can help high-net-worth clients begin their investment journey into Alternative markets with a foundational portfolio composed of alternative strategies including private equity, hedge funds, real assets, gold and private credit. The portfolio can also be customised at an individual client level.

The solution will allow high-net-worth clients through their advisers, to act with speed in accepting global and domestic opportunistic deal flow through the Netwealth and iCapital partnership. iCapital is a leading global fintech platform providing advisers with unrivalled technology, education and access to alternative assets by removing certain practical frictions often associated with private asset investing process. Access to opportunistic deal flow is granted once an investor’s LGA portfolio reaches $2.5 million.

Nathan Lim, Chief Investment Officer of LIS is excited about launching the new offer saying, “The development of this solution comes off the back of rapidly increasing client demand for portfolios with a high level of personalisation, whilst giving effortless access to the world of alternative assets. LGA provides advisers with an investment vehicle to easily unlock unique opportunities for their high-net-worth clients.”

Matt Heine, CEO and Managing Director of Netwealth, said, “Our partnership with Lonsec Investment Solutions and delivery of the LIS Growth Alternatives IMA is a significant development. We have combined their portfolio management expertise with Netwealth’s diverse range of alternative and private market investment options including our Non-Custodial Asset Administration Service and our exclusive partnership with iCapital. The combination will simplify access and provide greater options to wholesale investors whilst also driving efficiency.”

This new solution follows the recent announcement of the acquisition of Evidentia by Generation Development Group, resulting in the merger of LIS and Implemented Portfolios with Evidentia, to form the newly named entity – Evidentia Group.