Neil Rogan
Russell Investments has launched a Private Markets Managed Portfolio, bringing a portfolio of private equity, private credit and real assets onto AMP’s North platform with a minimum investment of $25,000 for advised clients.
The portfolio is designed to address longstanding barriers to private markets implementation, including high minimum investments, complex structures, and limited accessibility within advised client portfolios.
“Advisers have wanted to incorporate private markets into portfolios for some time, but implementation has been the challenge,” said Neil Rogan, Head of Distribution, Australia and New Zealand at Russell Investments. “Bringing this onto platform with a lower minimum investment makes it far more practical to use in everyday client portfolios.”
David Hutchison, General Manager of Managed Portfolios and Investments at AMP, said: “We’re seeing strong demand from advisers to incorporate private markets into diversified portfolios, but access and implementation have been key constraints. Expanding our investment menu with the addition of Russell Investments’ Private Markets Managed Portfolio on North helps address those barriers in a way that is practical for advisers and their clients, providing true diversification through a well-governed menu.”
A growing share of global companies are staying private for longer, meaning more value creation is occurring outside listed markets. At the same time, adviser demand for private markets exposure is increasing as portfolio construction evolves beyond traditional asset classes.
The portfolio provides diversified exposure across private equity, private credit and real assets, with underlying strategies selected through Russell Investments’ global research platform.
“Manager selection is critical in private markets, where outcomes can vary widely,” Rogan said.
“Our global scale and research capability allows us to identify high-quality opportunities from leading managers, making them accessible in a format that can be more easily implemented in client portfolios.”
The managed portfolio structure combines private market strategies with more liquid exposures, including ETFs, to help support portfolio management and access to capital over time. It also offers consolidated reporting through the platform.
The portfolio is designed to complement listed equity and fixed income exposures, giving advisers a practical way to introduce private markets as a diversifier within broader client portfolios.
The design reflects Russell Investments’ institutional approach to private markets. Insights from its Private Markets Playbook 2026 highlight the importance of selectivity and manager quality in the current environment, particularly as dispersion in manager outcomes increases.
The portfolio will be available on North from Monday 30 March 2026.