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        <title>AdviserVoiceMLC Asset Management Archives - AdviserVoice</title>
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                <title>MLC launches private equity education hub</title>
                <link>https://www.adviservoice.com.au/2026/02/mlc-launches-private-equity-education-hub/</link>
                <comments>https://www.adviservoice.com.au/2026/02/mlc-launches-private-equity-education-hub/#respond</comments>
                <pubDate>Tue, 24 Feb 2026 20:25:39 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=109635</guid>
                                    <description><![CDATA[<div id="attachment_96013" style="width: 660px" class="wp-caption alignnone"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-96013" class="size-full wp-image-96013" src="https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650-300x162.png 300w, https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650-400x215.png 400w" sizes="(max-width: 650px) 100vw, 650px" /><p id="caption-attachment-96013" class="wp-caption-text">As interest continues to grow, advisers and investors are looking for practical explanations of how private equity works and where it fits in portfolios.</p></div>
<h3>MLC Asset Management has launched a new private equity education hub designed to support advisers and investors as interest in private equity continues to grow.</h3>
<p>Private equity is playing an increasing role in Australian investment portfolios, with private capital assets under management growing materially over the past decade and access broadening through retail channels.</p>
<p>Accessible through the MLC Asset Management website, the hub brings together adviser and investor resources that unpack the asset class, focusing on areas MLC Asset Management considers central to understanding private equity. This includes the difference between primary and secondary investments, the role of mid‑market investing in supporting long‑term growth and how co‑investments can add value within portfolios.</p>
<p>The resources are designed to provide a practical understanding of how private equity works and where it can add value within a long‑term portfolio, supporting informed conversations between advisers and clients.</p>
<p>MLC Asset Management said: “Access to private equity has expanded well beyond institutional investors through superannuation, managed funds and advice channels, as more investors look to diversify beyond traditional public markets.</p>
<p>“As interest continues to grow, advisers and investors are looking for practical explanations of how private equity works and where it fits in portfolios.</p>
<p>“Private equity is an asset class MLC has been investing in since 1997, and we believe plays an important diversifying role in generating long term returns for investors. Originally reserved for institutions, we’ve increasingly opened up funds which wholesale and retail investors can access. The hub focuses on the building blocks that underpin our approach to investing in the asset class — grounded in disciplined portfolio construction and long‑standing relationships with high‑quality managers.”</p>
]]></description>
                                            <content:encoded><![CDATA[<div id="attachment_96013" style="width: 660px" class="wp-caption alignnone"><img decoding="async" aria-describedby="caption-attachment-96013" class="size-full wp-image-96013" src="https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650-300x162.png 300w, https://www.adviservoice.com.au/wp-content/uploads/2024/05/philanthropy-650-400x215.png 400w" sizes="(max-width: 650px) 100vw, 650px" /><p id="caption-attachment-96013" class="wp-caption-text">As interest continues to grow, advisers and investors are looking for practical explanations of how private equity works and where it fits in portfolios.</p></div>
<h3>MLC Asset Management has launched a new private equity education hub designed to support advisers and investors as interest in private equity continues to grow.</h3>
<p>Private equity is playing an increasing role in Australian investment portfolios, with private capital assets under management growing materially over the past decade and access broadening through retail channels.</p>
<p>Accessible through the MLC Asset Management website, the hub brings together adviser and investor resources that unpack the asset class, focusing on areas MLC Asset Management considers central to understanding private equity. This includes the difference between primary and secondary investments, the role of mid‑market investing in supporting long‑term growth and how co‑investments can add value within portfolios.</p>
<p>The resources are designed to provide a practical understanding of how private equity works and where it can add value within a long‑term portfolio, supporting informed conversations between advisers and clients.</p>
<p>MLC Asset Management said: “Access to private equity has expanded well beyond institutional investors through superannuation, managed funds and advice channels, as more investors look to diversify beyond traditional public markets.</p>
<p>“As interest continues to grow, advisers and investors are looking for practical explanations of how private equity works and where it fits in portfolios.</p>
<p>“Private equity is an asset class MLC has been investing in since 1997, and we believe plays an important diversifying role in generating long term returns for investors. Originally reserved for institutions, we’ve increasingly opened up funds which wholesale and retail investors can access. The hub focuses on the building blocks that underpin our approach to investing in the asset class — grounded in disciplined portfolio construction and long‑standing relationships with high‑quality managers.”</p>
<p>The post <a href="https://www.adviservoice.com.au/2026/02/mlc-launches-private-equity-education-hub/">MLC launches private equity education hub</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>Markets look to end the year with momentum, but risks remain balanced</title>
                <link>https://www.adviservoice.com.au/2025/12/markets-look-to-end-the-year-with-momentum-but-risks-remain-balanced/</link>
                <comments>https://www.adviservoice.com.au/2025/12/markets-look-to-end-the-year-with-momentum-but-risks-remain-balanced/#respond</comments>
                <pubDate>Wed, 10 Dec 2025 20:25:33 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Patrick Nicoll]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=108396</guid>
                                    <description><![CDATA[<h3><img decoding="async" class="alignnone size-full wp-image-108400" src="https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650-300x162.png 300w, https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650-400x215.png 400w" sizes="(max-width: 650px) 100vw, 650px" />After a year dominated by political noise, inflation surprises and shifting central bank signals, global markets are closing out 2025 on a strong note.</h3>
<p>Looking back to the previous quarter, in September, the Federal Reserve’s first rate cut of the year, described as “insurance”, marked a turning point in policy sentiment. Risk assets performed strongly, led by emerging markets and China, buoyed by optimism around liquidity, lower tariff-induced inflation than anticipated and a powerful rally driven by artificial intelligence (AI) investment.</p>
<p>The message for markets was clear: liquidity is back, AI spending is booming, and risk appetite is alive.</p>
<p>Looking ahead to the final months of the year, the cyclical outlook remains constructive. While global inflation trends vary depending on the region: rising in Japan, volatile in Australia, easing in Europe, and remaining deflationary in China, the broader global trajectory points to moderation, with tariff-related pressures proving temporary and modest.</p>
<p>In addition, it appears central banks are increasingly aligned in their stance, with most major emerging and developed regions still cutting interest rates. The Federal Reserve will likely deliver additional rate cuts over the next 12 months. The European Central Bank has paused, the Bank of England is nearing a similar position, and the Reserve Bank of Australia has shifted to a cautious stance, keeping rates on hold amid upside inflation surprises. In short, global financial conditions have eased, fiscal policy remains a tailwind, and credit creation is robust.</p>
<p>Growth risks now lean to the upside. Strong corporate balance sheets and accelerating AI-driven investment underpin a base case of a soft landing. If productivity gains persist, the cycle could extend well into 2026 and beyond, potentially ushering in a “jobless expansion” where growth continues without significant labour market pressure. Great for earnings, perhaps less great for wages growth.</p>
<h2>Where the opportunities lie</h2>
<p>Against this backdrop, there are some asset classes that stand out for their ability to combine resilience with growth potential.</p>
<h2>Global and emerging market equities</h2>
<p>Emerging markets remain a bright spot as dollar liquidity eases and global trade stabilises. These markets offer attractive valuations and cyclical upside and stand to benefit from structural participation in AI-driven productivity gains. We view emerging markets as a compelling opportunity for diversification and exposure to long-term growth, particularly in regions positioned to capitalise on technology investment and improving domestic demand.</p>
<p>Global equities also remain compelling, supported by strong fundamentals. Return on capital is near historic highs, while margins and earnings continue to show resilience, partly fuelled by structural themes like AI adoption. However, U.S. markets are trading at elevated valuations and remain heavily concentrated in a handful of mega-cap tech names. This makes regional diversification essential, allowing investors to capture opportunities across sectors and geographies while mitigating concentration risk.</p>
<h2>Unlisted infrastructure</h2>
<p>Unlisted infrastructure continues to attract attention for its ability to deliver stable, inflation-linked returns alongside long-term growth potential. AI adoption is amplifying demand for digital infrastructure, particularly data centres and fibre networks, which provide the compute capacity required for advanced technologies. As businesses integrate AI at scale, the demand for robust infrastructure is expected to grow, with demand far exceeding current supply.</p>
<h2>Risks are balanced, but not absent</h2>
<p>While the outlook is encouraging, risks are not absent. Downside scenarios include renewed trade tensions, fiscal instability and questions around central bank independence. On the upside, faster than expected productivity gains from AI and automation could further lift growth and market sentiment.</p>
<p>Despite the broader tone pointing to cautious optimism, we view valuation concerns, particularly across US equities and the AI space, as potential contributors to volatility.</p>
<h2><strong>Looking ahead</strong></h2>
<p>With 2026 fast approaching, we’re facing a market shaped by easing policy, resilient fundamentals and transformative technological investment. However, valuations in parts of the market are sky-high, and we are mindful that this cycle too will end at some stage. For now, however, it appears the question isn’t whether momentum can be sustained, but how to capture the next phase of growth while adequately protecting against the risks that remain.</p>
<p><em><strong>By Patrick Nicoll, Head of Asset Allocation, MLC Asset Management</strong></em></p>
]]></description>
                                            <content:encoded><![CDATA[<h3><img loading="lazy" decoding="async" class="alignnone size-full wp-image-108400" src="https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650-300x162.png 300w, https://www.adviservoice.com.au/wp-content/uploads/2025/12/mlc-650-400x215.png 400w" sizes="auto, (max-width: 650px) 100vw, 650px" />After a year dominated by political noise, inflation surprises and shifting central bank signals, global markets are closing out 2025 on a strong note.</h3>
<p>Looking back to the previous quarter, in September, the Federal Reserve’s first rate cut of the year, described as “insurance”, marked a turning point in policy sentiment. Risk assets performed strongly, led by emerging markets and China, buoyed by optimism around liquidity, lower tariff-induced inflation than anticipated and a powerful rally driven by artificial intelligence (AI) investment.</p>
<p>The message for markets was clear: liquidity is back, AI spending is booming, and risk appetite is alive.</p>
<p>Looking ahead to the final months of the year, the cyclical outlook remains constructive. While global inflation trends vary depending on the region: rising in Japan, volatile in Australia, easing in Europe, and remaining deflationary in China, the broader global trajectory points to moderation, with tariff-related pressures proving temporary and modest.</p>
<p>In addition, it appears central banks are increasingly aligned in their stance, with most major emerging and developed regions still cutting interest rates. The Federal Reserve will likely deliver additional rate cuts over the next 12 months. The European Central Bank has paused, the Bank of England is nearing a similar position, and the Reserve Bank of Australia has shifted to a cautious stance, keeping rates on hold amid upside inflation surprises. In short, global financial conditions have eased, fiscal policy remains a tailwind, and credit creation is robust.</p>
<p>Growth risks now lean to the upside. Strong corporate balance sheets and accelerating AI-driven investment underpin a base case of a soft landing. If productivity gains persist, the cycle could extend well into 2026 and beyond, potentially ushering in a “jobless expansion” where growth continues without significant labour market pressure. Great for earnings, perhaps less great for wages growth.</p>
<h2>Where the opportunities lie</h2>
<p>Against this backdrop, there are some asset classes that stand out for their ability to combine resilience with growth potential.</p>
<h2>Global and emerging market equities</h2>
<p>Emerging markets remain a bright spot as dollar liquidity eases and global trade stabilises. These markets offer attractive valuations and cyclical upside and stand to benefit from structural participation in AI-driven productivity gains. We view emerging markets as a compelling opportunity for diversification and exposure to long-term growth, particularly in regions positioned to capitalise on technology investment and improving domestic demand.</p>
<p>Global equities also remain compelling, supported by strong fundamentals. Return on capital is near historic highs, while margins and earnings continue to show resilience, partly fuelled by structural themes like AI adoption. However, U.S. markets are trading at elevated valuations and remain heavily concentrated in a handful of mega-cap tech names. This makes regional diversification essential, allowing investors to capture opportunities across sectors and geographies while mitigating concentration risk.</p>
<h2>Unlisted infrastructure</h2>
<p>Unlisted infrastructure continues to attract attention for its ability to deliver stable, inflation-linked returns alongside long-term growth potential. AI adoption is amplifying demand for digital infrastructure, particularly data centres and fibre networks, which provide the compute capacity required for advanced technologies. As businesses integrate AI at scale, the demand for robust infrastructure is expected to grow, with demand far exceeding current supply.</p>
<h2>Risks are balanced, but not absent</h2>
<p>While the outlook is encouraging, risks are not absent. Downside scenarios include renewed trade tensions, fiscal instability and questions around central bank independence. On the upside, faster than expected productivity gains from AI and automation could further lift growth and market sentiment.</p>
<p>Despite the broader tone pointing to cautious optimism, we view valuation concerns, particularly across US equities and the AI space, as potential contributors to volatility.</p>
<h2><strong>Looking ahead</strong></h2>
<p>With 2026 fast approaching, we’re facing a market shaped by easing policy, resilient fundamentals and transformative technological investment. However, valuations in parts of the market are sky-high, and we are mindful that this cycle too will end at some stage. For now, however, it appears the question isn’t whether momentum can be sustained, but how to capture the next phase of growth while adequately protecting against the risks that remain.</p>
<p><em><strong>By Patrick Nicoll, Head of Asset Allocation, MLC Asset Management</strong></em></p>
<p>The post <a href="https://www.adviservoice.com.au/2025/12/markets-look-to-end-the-year-with-momentum-but-risks-remain-balanced/">Markets look to end the year with momentum, but risks remain balanced</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>MLC Asset Management reduces fees on MultiSeries portfolios</title>
                <link>https://www.adviservoice.com.au/2025/07/mlc-asset-management-reduces-fees-on-multiseries-portfolios/</link>
                <comments>https://www.adviservoice.com.au/2025/07/mlc-asset-management-reduces-fees-on-multiseries-portfolios/#respond</comments>
                <pubDate>Mon, 28 Jul 2025 21:15:42 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Amna Khan]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=105217</guid>
                                    <description><![CDATA[<h3>MLC Asset Management has announced a reduction in management fees across its highly rated MLC MultiSeries portfolios, managed by its award-winning investment team, delivering greater value to advisers and clients.</h3>
<p>From 1 June 2025, management fees decreased for MLC MultiSeries 30 from 0.40% to 0.32% per annum, MLC MultiSeries 50 from 0.45% to 0.40%, MLC MultiSeries 70 from 0.50% to 0.43% and MLC MultiSeries 90 from 0.55% to 0.47%.</p>
<p>According to Amna Khan, General Manager, Product, MLC Asset Management: “This repricing reflects MLC Asset Management’s continued focus on delivering products that fit a range of client needs, ensuring investors can access high-quality, diversified investment solutions at a competitive price point that leverages our scale, while still maintaining active positions in the portfolio.</p>
<p>“The MLC MultiSeries portfolios provide investors access to some of the world’s best managers and strategies, through MLC’s multi-asset approach. The range of funds are designed to deliver multiple layers of diversification by blending investment styles and reserving costs for areas where we believe active management adds the most value, such as private assets and property.</p>
<p>“As advisers continue to seek streamlined investment solutions and simplicity in their back office, MLC MultiSeries offers access to a broad range of assets typically reserved for institutional investors, including illiquid investments. Supported by the transparency and ease offered through our Investment Central tool, the offering is designed to enhance the investment experience for both advisers and clients.</p>
<p>“Each investment option in the MLC MultiSeries range is rated Highly Recommended by Zenith, making it the only multi-asset diversified fund range to hold this distinction.” MLC MultiSeries comprises 4 portfolios designed for differing risk profiles and are cost effective options for investors seeking long-term growth. The funds are predominantly active, with some factor and passive investment exposures, offering broad diversification across traditional and non-traditional asset classes.</p>
<p>MLC MultiSeries funds are available via a range of investment platforms including MLC Expand. Direct investment is also available, subject to minimum investment and holding requirements.</p>
]]></description>
                                            <content:encoded><![CDATA[<h3>MLC Asset Management has announced a reduction in management fees across its highly rated MLC MultiSeries portfolios, managed by its award-winning investment team, delivering greater value to advisers and clients.</h3>
<p>From 1 June 2025, management fees decreased for MLC MultiSeries 30 from 0.40% to 0.32% per annum, MLC MultiSeries 50 from 0.45% to 0.40%, MLC MultiSeries 70 from 0.50% to 0.43% and MLC MultiSeries 90 from 0.55% to 0.47%.</p>
<p>According to Amna Khan, General Manager, Product, MLC Asset Management: “This repricing reflects MLC Asset Management’s continued focus on delivering products that fit a range of client needs, ensuring investors can access high-quality, diversified investment solutions at a competitive price point that leverages our scale, while still maintaining active positions in the portfolio.</p>
<p>“The MLC MultiSeries portfolios provide investors access to some of the world’s best managers and strategies, through MLC’s multi-asset approach. The range of funds are designed to deliver multiple layers of diversification by blending investment styles and reserving costs for areas where we believe active management adds the most value, such as private assets and property.</p>
<p>“As advisers continue to seek streamlined investment solutions and simplicity in their back office, MLC MultiSeries offers access to a broad range of assets typically reserved for institutional investors, including illiquid investments. Supported by the transparency and ease offered through our Investment Central tool, the offering is designed to enhance the investment experience for both advisers and clients.</p>
<p>“Each investment option in the MLC MultiSeries range is rated Highly Recommended by Zenith, making it the only multi-asset diversified fund range to hold this distinction.” MLC MultiSeries comprises 4 portfolios designed for differing risk profiles and are cost effective options for investors seeking long-term growth. The funds are predominantly active, with some factor and passive investment exposures, offering broad diversification across traditional and non-traditional asset classes.</p>
<p>MLC MultiSeries funds are available via a range of investment platforms including MLC Expand. Direct investment is also available, subject to minimum investment and holding requirements.</p>
<p>The post <a href="https://www.adviservoice.com.au/2025/07/mlc-asset-management-reduces-fees-on-multiseries-portfolios/">MLC Asset Management reduces fees on MultiSeries portfolios</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>Are U.S. assets becoming less desirable?</title>
                <link>https://www.adviservoice.com.au/2025/05/are-u-s-assets-becoming-less-desirable/</link>
                <comments>https://www.adviservoice.com.au/2025/05/are-u-s-assets-becoming-less-desirable/#respond</comments>
                <pubDate>Wed, 21 May 2025 21:11:52 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Dan Farmer]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=103526</guid>
                                    <description><![CDATA[<div id="attachment_103530" style="width: 660px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-103530" class="wp-image-103530 size-full" src="https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650-300x162.jpg 300w, https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650-400x215.jpg 400w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-103530" class="wp-caption-text">Dan Farmer</p></div>
<h2>Questions over US dollar’s status seem premature</h2>
<ul>
<li>While the US’ standing as the world’s largest and deepest capital market is not remotely under threat, disorder and disruption coming out of Washington is causing investor disquiet. This in part stems from the gap between institutional investors’ economic orthodoxy versus a US administration whose economic philosophy is hard to pin down, beyond characterising it as ‘transactional.’</li>
<li>Ideally, investors want pro-market policies featuring fiscal restraint, action to curb galloping public debt, light-touch regulation, free trade, and low taxes.</li>
<li>Instead, despite generating lots of headlines, Elon Musk’s <em>Department of Government Efficiency</em> (DOGE), which initially targeted an extremely ambitious US$2 trillion in government spending cuts, then downgraded to targeting US$1 trillion savings, now claims just US$160 billion in savings. The figure hardly moves the needle in the direction of fiscal restraint against annual US federal government spending of around US$6.8 trillion.</li>
<li>Moreover, US government spending in the first 100 days of President Trump’s second administration has jumped 10% compared to the same period in the previous year. Then, of course, there is uncertainty from the back and forth on tariffs, as well as apprehension over potentially unfunded tax cuts.</li>
<li>All up, you have a cocktail that is inducing investor apprehension showing up, amongst other things, in US dollar weakness, albeit still short term, with the greenback estimated to have lost around 10% of its value since Inauguration Day.</li>
<li>US dollar weakness is striking because countries that impose tariffs usually see their currency rise. However, the untidy rollout of the administration’s tariff plans has bewildered investors and a general lack of transparency in terms of motivations have led to a sense of financial markets unease.</li>
</ul>
<h2>Threats to US equity market exceptionalism</h2>
<ul>
<li>Markets are cyclical, and the US has not always dominated and so it is possible that share market leadership may flip from the US to the rest of the world, as it has done in the past.</li>
<li>The most recent period of US stock market outperformance has been supported by positive economic and financial drivers, but these may be vulnerable to shifting macroeconomic forces and geopolitical risks.</li>
<li>Since mid-2008, the S&amp;P 500 has beaten the MSCI EAFE Index (this index measures the performance of large and mid-cap companies across developed markets countries, excluding the US and Canada), by a sizable margin, delivering average annual returns of 11.9% versus 3.6% through December 2024.</li>
<li>Over the same period, the S&amp;P 500 grew earnings four times faster than MSCI EAFE and boasted price-to-earnings (P/E) multiple expansion of 12.8x to 21.7x, compared to the MSCI EAFE’s expansion of 11.3x to 14.0x.</li>
<li>Using return on equity (ROE) as a measure of how efficient companies are with their equity capital, the S&amp;P 500 has maintained a higher ROE than the MSCI EAFE Index since June 2008, and that spread has widened over time. Currently, ROE for the US market is 19% versus 12% for EAFE.</li>
<li>We think several factors have driven that difference, including US technological innovation, more efficient operations and shareholder-friendly government policies, such as corporate tax cuts.</li>
<li>The combination of higher earnings growth and ROE have led investors to place a higher P/E multiple on the US equity market. At the start of 2025, the US stock market premium versus EAFE on a forward P/E basis was hovering at 55%, near its all-time high, although recent market volatility has narrowed the gap.</li>
<li>In this context, it’s easy to see how the booming tech sector has contributed to US earnings growth and multiple expansion.</li>
</ul>
<h2>What may cause shift in market leadership?</h2>
<ul>
<li>US share market exceptionalism has been a powerful trend, but it is arguable that risks, especially in the tech sector, are rising.</li>
<li>Investors expect US earnings to keep growing but for US outperformance to persist, US company earnings will have to grow faster than those outside the US.</li>
<li>As robotics and artificial intelligence emerge as the latest sources of technological advancement and economic growth, the US boasts leadership in these arenas, notwithstanding ripples created by DeepSeek.</li>
</ul>
<p><em><strong>By Dan Farmer, Chief Investment Officer​</strong></em></p>
]]></description>
                                            <content:encoded><![CDATA[<div id="attachment_103530" style="width: 660px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-103530" class="wp-image-103530 size-full" src="https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650-300x162.jpg 300w, https://www.adviservoice.com.au/wp-content/uploads/2025/05/Farmer-Dan-650-400x215.jpg 400w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-103530" class="wp-caption-text">Dan Farmer</p></div>
<h2>Questions over US dollar’s status seem premature</h2>
<ul>
<li>While the US’ standing as the world’s largest and deepest capital market is not remotely under threat, disorder and disruption coming out of Washington is causing investor disquiet. This in part stems from the gap between institutional investors’ economic orthodoxy versus a US administration whose economic philosophy is hard to pin down, beyond characterising it as ‘transactional.’</li>
<li>Ideally, investors want pro-market policies featuring fiscal restraint, action to curb galloping public debt, light-touch regulation, free trade, and low taxes.</li>
<li>Instead, despite generating lots of headlines, Elon Musk’s <em>Department of Government Efficiency</em> (DOGE), which initially targeted an extremely ambitious US$2 trillion in government spending cuts, then downgraded to targeting US$1 trillion savings, now claims just US$160 billion in savings. The figure hardly moves the needle in the direction of fiscal restraint against annual US federal government spending of around US$6.8 trillion.</li>
<li>Moreover, US government spending in the first 100 days of President Trump’s second administration has jumped 10% compared to the same period in the previous year. Then, of course, there is uncertainty from the back and forth on tariffs, as well as apprehension over potentially unfunded tax cuts.</li>
<li>All up, you have a cocktail that is inducing investor apprehension showing up, amongst other things, in US dollar weakness, albeit still short term, with the greenback estimated to have lost around 10% of its value since Inauguration Day.</li>
<li>US dollar weakness is striking because countries that impose tariffs usually see their currency rise. However, the untidy rollout of the administration’s tariff plans has bewildered investors and a general lack of transparency in terms of motivations have led to a sense of financial markets unease.</li>
</ul>
<h2>Threats to US equity market exceptionalism</h2>
<ul>
<li>Markets are cyclical, and the US has not always dominated and so it is possible that share market leadership may flip from the US to the rest of the world, as it has done in the past.</li>
<li>The most recent period of US stock market outperformance has been supported by positive economic and financial drivers, but these may be vulnerable to shifting macroeconomic forces and geopolitical risks.</li>
<li>Since mid-2008, the S&amp;P 500 has beaten the MSCI EAFE Index (this index measures the performance of large and mid-cap companies across developed markets countries, excluding the US and Canada), by a sizable margin, delivering average annual returns of 11.9% versus 3.6% through December 2024.</li>
<li>Over the same period, the S&amp;P 500 grew earnings four times faster than MSCI EAFE and boasted price-to-earnings (P/E) multiple expansion of 12.8x to 21.7x, compared to the MSCI EAFE’s expansion of 11.3x to 14.0x.</li>
<li>Using return on equity (ROE) as a measure of how efficient companies are with their equity capital, the S&amp;P 500 has maintained a higher ROE than the MSCI EAFE Index since June 2008, and that spread has widened over time. Currently, ROE for the US market is 19% versus 12% for EAFE.</li>
<li>We think several factors have driven that difference, including US technological innovation, more efficient operations and shareholder-friendly government policies, such as corporate tax cuts.</li>
<li>The combination of higher earnings growth and ROE have led investors to place a higher P/E multiple on the US equity market. At the start of 2025, the US stock market premium versus EAFE on a forward P/E basis was hovering at 55%, near its all-time high, although recent market volatility has narrowed the gap.</li>
<li>In this context, it’s easy to see how the booming tech sector has contributed to US earnings growth and multiple expansion.</li>
</ul>
<h2>What may cause shift in market leadership?</h2>
<ul>
<li>US share market exceptionalism has been a powerful trend, but it is arguable that risks, especially in the tech sector, are rising.</li>
<li>Investors expect US earnings to keep growing but for US outperformance to persist, US company earnings will have to grow faster than those outside the US.</li>
<li>As robotics and artificial intelligence emerge as the latest sources of technological advancement and economic growth, the US boasts leadership in these arenas, notwithstanding ripples created by DeepSeek.</li>
</ul>
<p><em><strong>By Dan Farmer, Chief Investment Officer​</strong></em></p>
<p>The post <a href="https://www.adviservoice.com.au/2025/05/are-u-s-assets-becoming-less-desirable/">Are U.S. assets becoming less desirable?</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>MLC Asset Management, Managed Account Strategies reach $2 billion</title>
                <link>https://www.adviservoice.com.au/2024/05/mlc-asset-management-managed-account-strategies-reach-2-billion/</link>
                <comments>https://www.adviservoice.com.au/2024/05/mlc-asset-management-managed-account-strategies-reach-2-billion/#respond</comments>
                <pubDate>Tue, 07 May 2024 21:35:45 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Anthony Golowenko]]></category>
		<category><![CDATA[Jason Komadina]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=95546</guid>
                                    <description><![CDATA[<div class="x_WordSection1">
<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3 class="x_MsoNormal">MLC Asset Management’s (MLC<sup>[1]</sup>) Managed Account Strategies have surpassed $2 billion in funds under management (FUM) in less than four years since inception.</h3>
<p class="x_MsoNormal">MLC Asset Management is one of Australia’s most experienced investment managers with over 35 years’ experience and $85 billion in funds under management.<sup>[1]</sup></p>
<p class="x_MsoNormal">Rated Outstanding by independent research firm SQM Research, their highest rated managed accounts in the market, MLC’s Managed Account Strategies offer portfolios for clients with varying goals, time horizons, and fee expectations, leveraging the team’s long-standing track record of investment expertise and disciplined investment process to optimise returns and reduce risk.<sup>[3]</sup></p>
<p class="x_MsoNormal">The diversified portfolios were recently added to the Expand platform and feature on both Expand Essential, the low cost wrap for clients with simpler needs, and Expand Extra, the full service wrap for clients with more complex needs.<a name="x__Hlk110588415"></a></p>
<p class="x_MsoNormal">MLC Chief Commercial Manager, Jason Komadina, commented: “We are pleased to see our Managed Account Strategies continue to go from strength to strength, with funds under management doubling over the last 12 months.</p>
<p class="x_MsoNormal">“We’re dedicated to providing advisers with access to transparent, diversified investment solutions to meet the changing needs of clients and believe managed accounts will continue to form a key part of the advice proposition.”</p>
<p class="x_MsoNormal">Managed accounts streamline portfolio management and provide access to a diversified set of underlying asset managers, saving time for advisers to focus on client engagement and practice growth. Industry appetite for managed accounts continues to grow, with Australians having approximately $194.8 billion invested in managed accounts.<sup>[4]</sup></p>
<p class="x_MsoNormal">MLC Portfolio Manager, Anthony Golowenko, said: “With more than half of advisers utilising managed accounts<sup>[5]</sup><a title="" href="https://outlook.office.com/mail/inbox/id/AAQkADUwZDY0NzJkLTY0ZWYtNDY4ZS05YjAwLWMyMGIwN2U3M2ZjYgAQAMg0ehrWcUAnqemovezQNSk%3D#x__ftn5" name="x__ftnref5" data-linkindex="4"></a>, it’s encouraging to see the continued demand for our portfolios.</p>
<p class="x_MsoNormal">“Harnessing the horsepower of the broader investment team to consistently deliver for our clients really gets to the heart of what we’re all striving to achieve.</p>
<p class="x_MsoNormal">&#8220;We take an active ‘hands on’ approach to managing our portfolios and regularly review asset and sub-asset class allocations to deliver diversity and resilience over changing market conditions.</p>
<p class="x_MsoNormal">“We made some key changes in the December quarter, including continuing to build out our credit exposure, particularly in investment grade credit. Across our value series, we have increased exposure to active, quality global REITS, to improve the risk reward potential in what’s likely to be a continuing volatile environment.”</p>
<p class="x_MsoNormal">MLC’s Managed Account Strategies are available via the Expand, North, Macquarie Wrap, BT Panorama, HUB24, CFS FirstChoice, Rhythm, Grow Wrap, and Voyage platforms.</p>
<p class="x_MsoNormal" aria-hidden="true">&#8212;&#8212;&#8212;-</p>
</div>
<div>
<div id="x_ftn1">
<p class="x_MsoFootnoteText"><strong>Notes:</strong><br />
<span class="x_MsoFootnoteReference">[1]</span> References to MLC mean the MLC Asset Management business unit which in the case of the MLC Asset Management Managed Account Strategies includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
<span class="x_MsoFootnoteReference">[2]</span> As at 31 December, 2023<br />
<span class="x_MsoFootnoteReference">[3]</span> <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="8">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
<span class="x_MsoFootnoteReference">[4]</span> <a href="https://www.imap.asn.au/publications/perspectives/117-perspectives-summer-2024/1153-imap-fumcensus-dec-2023.html" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="10">https://www.imap.asn.au/publications/perspectives/117-perspectives-summer-2024/1153-imap-fumcensus-dec-2023.html</a><br />
<span class="x_MsoFootnoteReference">[5]</span> SPDR ETF/Investment Trends 2024 Managed Accounts Report, March 2024</p>
</div>
</div>
]]></description>
                                            <content:encoded><![CDATA[<div class="x_WordSection1">
<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3 class="x_MsoNormal">MLC Asset Management’s (MLC<sup>[1]</sup>) Managed Account Strategies have surpassed $2 billion in funds under management (FUM) in less than four years since inception.</h3>
<p class="x_MsoNormal">MLC Asset Management is one of Australia’s most experienced investment managers with over 35 years’ experience and $85 billion in funds under management.<sup>[1]</sup></p>
<p class="x_MsoNormal">Rated Outstanding by independent research firm SQM Research, their highest rated managed accounts in the market, MLC’s Managed Account Strategies offer portfolios for clients with varying goals, time horizons, and fee expectations, leveraging the team’s long-standing track record of investment expertise and disciplined investment process to optimise returns and reduce risk.<sup>[3]</sup></p>
<p class="x_MsoNormal">The diversified portfolios were recently added to the Expand platform and feature on both Expand Essential, the low cost wrap for clients with simpler needs, and Expand Extra, the full service wrap for clients with more complex needs.<a name="x__Hlk110588415"></a></p>
<p class="x_MsoNormal">MLC Chief Commercial Manager, Jason Komadina, commented: “We are pleased to see our Managed Account Strategies continue to go from strength to strength, with funds under management doubling over the last 12 months.</p>
<p class="x_MsoNormal">“We’re dedicated to providing advisers with access to transparent, diversified investment solutions to meet the changing needs of clients and believe managed accounts will continue to form a key part of the advice proposition.”</p>
<p class="x_MsoNormal">Managed accounts streamline portfolio management and provide access to a diversified set of underlying asset managers, saving time for advisers to focus on client engagement and practice growth. Industry appetite for managed accounts continues to grow, with Australians having approximately $194.8 billion invested in managed accounts.<sup>[4]</sup></p>
<p class="x_MsoNormal">MLC Portfolio Manager, Anthony Golowenko, said: “With more than half of advisers utilising managed accounts<sup>[5]</sup><a title="" href="https://outlook.office.com/mail/inbox/id/AAQkADUwZDY0NzJkLTY0ZWYtNDY4ZS05YjAwLWMyMGIwN2U3M2ZjYgAQAMg0ehrWcUAnqemovezQNSk%3D#x__ftn5" name="x__ftnref5" data-linkindex="4"></a>, it’s encouraging to see the continued demand for our portfolios.</p>
<p class="x_MsoNormal">“Harnessing the horsepower of the broader investment team to consistently deliver for our clients really gets to the heart of what we’re all striving to achieve.</p>
<p class="x_MsoNormal">&#8220;We take an active ‘hands on’ approach to managing our portfolios and regularly review asset and sub-asset class allocations to deliver diversity and resilience over changing market conditions.</p>
<p class="x_MsoNormal">“We made some key changes in the December quarter, including continuing to build out our credit exposure, particularly in investment grade credit. Across our value series, we have increased exposure to active, quality global REITS, to improve the risk reward potential in what’s likely to be a continuing volatile environment.”</p>
<p class="x_MsoNormal">MLC’s Managed Account Strategies are available via the Expand, North, Macquarie Wrap, BT Panorama, HUB24, CFS FirstChoice, Rhythm, Grow Wrap, and Voyage platforms.</p>
<p class="x_MsoNormal" aria-hidden="true">&#8212;&#8212;&#8212;-</p>
</div>
<div>
<div id="x_ftn1">
<p class="x_MsoFootnoteText"><strong>Notes:</strong><br />
<span class="x_MsoFootnoteReference">[1]</span> References to MLC mean the MLC Asset Management business unit which in the case of the MLC Asset Management Managed Account Strategies includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
<span class="x_MsoFootnoteReference">[2]</span> As at 31 December, 2023<br />
<span class="x_MsoFootnoteReference">[3]</span> <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="8">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
<span class="x_MsoFootnoteReference">[4]</span> <a href="https://www.imap.asn.au/publications/perspectives/117-perspectives-summer-2024/1153-imap-fumcensus-dec-2023.html" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable" data-linkindex="10">https://www.imap.asn.au/publications/perspectives/117-perspectives-summer-2024/1153-imap-fumcensus-dec-2023.html</a><br />
<span class="x_MsoFootnoteReference">[5]</span> SPDR ETF/Investment Trends 2024 Managed Accounts Report, March 2024</p>
</div>
</div>
<p>The post <a href="https://www.adviservoice.com.au/2024/05/mlc-asset-management-managed-account-strategies-reach-2-billion/">MLC Asset Management, Managed Account Strategies reach $2 billion</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                    <item>
                <title>MLC Private Equity raises US$762m for MLC Private Equity Partners, a new institutional investment vehicle</title>
                <link>https://www.adviservoice.com.au/2024/04/mlc-private-equity-raises-us762m-for-mlc-private-equity-partners-a-new-institutional-investment-vehicle/</link>
                <comments>https://www.adviservoice.com.au/2024/04/mlc-private-equity-raises-us762m-for-mlc-private-equity-partners-a-new-institutional-investment-vehicle/#respond</comments>
                <pubDate>Wed, 17 Apr 2024 21:55:33 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Kristian Zimmermann]]></category>
		<category><![CDATA[Marek Herchel]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=95105</guid>
                                    <description><![CDATA[<div class="x_WordSection1">
<h3 class="x_MsoNormal"><b></b>MLC Private Equity, a division of MLC Asset Management Pty Limited, one of Australia’s largest investment managers<span class="x_MsoFootnoteReference"><sup>[1]</sup></span>, has announced a significant investment into its private equity capability with the creation of a new private equity investment vehicle which will also provide access to additional future private equity investment opportunities for global institutional investors.</h3>
<p class="x_MsoNormal">MLC PE Partners is comprised of approximately US$632 million<sup>[2]</sup> of PE assets across a diversified portfolio of global middle-market PE fund positions and co-investments. The portfolio is diversified across several industries such as IT, healthcare, technology, and consumer-focused sectors, across North America, Europe, and the UK. In addition, the Fund raised US$130 million of new capital to be invested by MLC Private Equity’s experienced investment team into new global middle-market PE fund and co-investments with a focus on North America, Europe, and the UK.</p>
<p class="x_MsoNormal">The managed secondary transaction was anchored by funds managed by StepStone, which served as the lead investor. StepStone is a global private markets investment firm, with responsibility for approximately US$659 billion of total capital, including US$149 billion of assets under management.</p>
<p class="x_MsoNormal">Campbell Lutyens acted as sole financial advisor for the transaction and Ropes &amp; Gray is the legal adviser to the Fund. Debevoise &amp; Plimpton LLP provided legal counsel to StepStone.</p>
<p class="x_MsoNormal">Marek Herchel, Co-Head MLC Private Equity (US and Europe) said: “The strategic nature of MLC PE Partners along with MLC Private Equity’s market leading private equity capability attracted a select group of prominent global institutional investors alongside StepStone Group. We look forward to long lasting partnerships with these investors. This transaction speaks to our ability to offer access to differentiated investment opportunities within our global private equity capability, leveraging our highly skilled investment teams in Sydney and New York.”</p>
<div id="attachment_85209" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-85209" class="size-full wp-image-85209" src="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650-300x162.png 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-85209" class="wp-caption-text">Kristian Zimmermann</p></div>
<p class="x_MsoNormal">Kristian Zimmermann, Co-Head MLC Private Equity (Australia), noted: “We are pleased to be the first in Australia to establish this innovative investment structure to provide access to a high-quality private equity portfolio and a strong pipeline of investment opportunities to institutional third-party investors. Private equity remains an attractive asset class for investors looking to achieve consistent returns.</p>
<p class="x_MsoNormal">“As a provider of liquidity solutions in collaboration with asset owners, we are excited to partner with MLC on this landmark transaction that supports their go-forward activities and also provides StepStone exposure to an attractive portfolio of MLC’s private equity assets,” said Adam Johnston, Partner, StepStone. “MLC has built an impressive private equity program, including relationships with some of the top managers in the North American and European middle-market. We appreciated the opportunity to partner in the development of this fund, including constructing a high-quality and diversified portfolio.&#8221;</p>
<p class="x_MsoNormal">MLC Private Equity is one of the most experienced global private equity managers in Australia with over 25 years’ experience investing in private equity. Since inception, MLC Private Equity has committed approximately A$10 billion to private equity funds and co-investments across 100+ fund relationships globally. MLC Private Equity’s investment team is comprised of 10 dedicated investment professionals located in Sydney and New York.</p>
<p class="x_MsoNormal">The team has deep relationships with specialist private equity managers globally. MLC Private Equity manages capital on behalf of institutional investors, family offices and individual investors in Australia and internationally.</p>
<p class="x_MsoNormal">MLC Asset Management US LLC, located in New York, is the investment adviser to MLC PE Partners and an affiliate of MLC Asset Management Pty Limited.</p>
</div>
<div>
<p>&#8212;&#8212;&#8212;</p>
<div id="x_ftn2">
<h6 class="x_MsoFootnoteText"><span class="x_MsoFootnoteReference"><strong>Notes:</strong><br />
[1] </span>Over A$85 billion in funds under management, <span lang="EN-US">as at 31 December 2023.<br />
</span>[2] As at the transaction reference date.</h6>
</div>
</div>
]]></description>
                                            <content:encoded><![CDATA[<div class="x_WordSection1">
<h3 class="x_MsoNormal"><b></b>MLC Private Equity, a division of MLC Asset Management Pty Limited, one of Australia’s largest investment managers<span class="x_MsoFootnoteReference"><sup>[1]</sup></span>, has announced a significant investment into its private equity capability with the creation of a new private equity investment vehicle which will also provide access to additional future private equity investment opportunities for global institutional investors.</h3>
<p class="x_MsoNormal">MLC PE Partners is comprised of approximately US$632 million<sup>[2]</sup> of PE assets across a diversified portfolio of global middle-market PE fund positions and co-investments. The portfolio is diversified across several industries such as IT, healthcare, technology, and consumer-focused sectors, across North America, Europe, and the UK. In addition, the Fund raised US$130 million of new capital to be invested by MLC Private Equity’s experienced investment team into new global middle-market PE fund and co-investments with a focus on North America, Europe, and the UK.</p>
<p class="x_MsoNormal">The managed secondary transaction was anchored by funds managed by StepStone, which served as the lead investor. StepStone is a global private markets investment firm, with responsibility for approximately US$659 billion of total capital, including US$149 billion of assets under management.</p>
<p class="x_MsoNormal">Campbell Lutyens acted as sole financial advisor for the transaction and Ropes &amp; Gray is the legal adviser to the Fund. Debevoise &amp; Plimpton LLP provided legal counsel to StepStone.</p>
<p class="x_MsoNormal">Marek Herchel, Co-Head MLC Private Equity (US and Europe) said: “The strategic nature of MLC PE Partners along with MLC Private Equity’s market leading private equity capability attracted a select group of prominent global institutional investors alongside StepStone Group. We look forward to long lasting partnerships with these investors. This transaction speaks to our ability to offer access to differentiated investment opportunities within our global private equity capability, leveraging our highly skilled investment teams in Sydney and New York.”</p>
<div id="attachment_85209" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-85209" class="size-full wp-image-85209" src="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650-300x162.png 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-85209" class="wp-caption-text">Kristian Zimmermann</p></div>
<p class="x_MsoNormal">Kristian Zimmermann, Co-Head MLC Private Equity (Australia), noted: “We are pleased to be the first in Australia to establish this innovative investment structure to provide access to a high-quality private equity portfolio and a strong pipeline of investment opportunities to institutional third-party investors. Private equity remains an attractive asset class for investors looking to achieve consistent returns.</p>
<p class="x_MsoNormal">“As a provider of liquidity solutions in collaboration with asset owners, we are excited to partner with MLC on this landmark transaction that supports their go-forward activities and also provides StepStone exposure to an attractive portfolio of MLC’s private equity assets,” said Adam Johnston, Partner, StepStone. “MLC has built an impressive private equity program, including relationships with some of the top managers in the North American and European middle-market. We appreciated the opportunity to partner in the development of this fund, including constructing a high-quality and diversified portfolio.&#8221;</p>
<p class="x_MsoNormal">MLC Private Equity is one of the most experienced global private equity managers in Australia with over 25 years’ experience investing in private equity. Since inception, MLC Private Equity has committed approximately A$10 billion to private equity funds and co-investments across 100+ fund relationships globally. MLC Private Equity’s investment team is comprised of 10 dedicated investment professionals located in Sydney and New York.</p>
<p class="x_MsoNormal">The team has deep relationships with specialist private equity managers globally. MLC Private Equity manages capital on behalf of institutional investors, family offices and individual investors in Australia and internationally.</p>
<p class="x_MsoNormal">MLC Asset Management US LLC, located in New York, is the investment adviser to MLC PE Partners and an affiliate of MLC Asset Management Pty Limited.</p>
</div>
<div>
<p>&#8212;&#8212;&#8212;</p>
<div id="x_ftn2">
<h6 class="x_MsoFootnoteText"><span class="x_MsoFootnoteReference"><strong>Notes:</strong><br />
[1] </span>Over A$85 billion in funds under management, <span lang="EN-US">as at 31 December 2023.<br />
</span>[2] As at the transaction reference date.</h6>
</div>
</div>
<p>The post <a href="https://www.adviservoice.com.au/2024/04/mlc-private-equity-raises-us762m-for-mlc-private-equity-partners-a-new-institutional-investment-vehicle/">MLC Private Equity raises US$762m for MLC Private Equity Partners, a new institutional investment vehicle</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>MLC Asset Management appoints Dan Greyling as Institutional Director</title>
                <link>https://www.adviservoice.com.au/2023/05/mlc-asset-management-appoints-dan-greyling-as-institutional-director/</link>
                <comments>https://www.adviservoice.com.au/2023/05/mlc-asset-management-appoints-dan-greyling-as-institutional-director/#respond</comments>
                <pubDate>Wed, 03 May 2023 21:35:23 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Dan Greyling]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=88676</guid>
                                    <description><![CDATA[<h3>MLC Asset Management (MLC AM) has appointed Dan Greyling as Institutional Director. Dan will be based in Sydney and report to MLC AM’s Global Head of Institutional, Read Price.</h3>
<p>In his role, Dan will be responsible for managing all institutional relationships and business development across the APAC region.</p>
<p>Previously, Dan was at Russell Investments for over 12 years, with his most recent role as Head of Institutional Sales for Australia and Head of Global ESG Sales. Prior to this, Dan was an Investment Consultant within Adviser Services at Perpetual Limited.</p>
<p>Dan is also a Non-Executive Director at Share the Spark, a non-profit organisation on the Northern Beaches in New South Wales, which focuses on helping youth find the “spark” that leads towards a fulfilling life.</p>
<p>Dan has a Master of Applied Finance from Macquarie University and Bachelor of Business Finance/Banking from Charles Sturt University.</p>
]]></description>
                                            <content:encoded><![CDATA[<h3>MLC Asset Management (MLC AM) has appointed Dan Greyling as Institutional Director. Dan will be based in Sydney and report to MLC AM’s Global Head of Institutional, Read Price.</h3>
<p>In his role, Dan will be responsible for managing all institutional relationships and business development across the APAC region.</p>
<p>Previously, Dan was at Russell Investments for over 12 years, with his most recent role as Head of Institutional Sales for Australia and Head of Global ESG Sales. Prior to this, Dan was an Investment Consultant within Adviser Services at Perpetual Limited.</p>
<p>Dan is also a Non-Executive Director at Share the Spark, a non-profit organisation on the Northern Beaches in New South Wales, which focuses on helping youth find the “spark” that leads towards a fulfilling life.</p>
<p>Dan has a Master of Applied Finance from Macquarie University and Bachelor of Business Finance/Banking from Charles Sturt University.</p>
<p>The post <a href="https://www.adviservoice.com.au/2023/05/mlc-asset-management-appoints-dan-greyling-as-institutional-director/">MLC Asset Management appoints Dan Greyling as Institutional Director</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>MLC Asset Management, Managed Account Strategies reach $1 billion milestone</title>
                <link>https://www.adviservoice.com.au/2023/04/mlc-asset-management-managed-account-strategies-reach-1-billion-milestone/</link>
                <comments>https://www.adviservoice.com.au/2023/04/mlc-asset-management-managed-account-strategies-reach-1-billion-milestone/#respond</comments>
                <pubDate>Thu, 27 Apr 2023 21:40:02 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Anthony Golowenko]]></category>
		<category><![CDATA[Jason Komadina]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=88527</guid>
                                    <description><![CDATA[<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3>MLC Asset Management’s (MLC<sup>[1]</sup>) Managed Account Strategies have surpassed $1 billion in funds under management (FUM) in less than three years since inception.</h3>
<p>Designed to suit a range of needs, MLC Managed Account Strategies provide transparent, diversified solutions for clients with different goals, time horizons and fee expectations. The range of Managed Account Strategies was recently expanded to include conservative and high growth options in response to market demand from advisers<sup>[2]</sup>.</p>
<p>MLC General Manager Direct Capabilities and Specialist Investment Services, Jason Komadina, says “We are thrilled with the success and popularity of these strategies, which combine our best thinking on asset allocation with a disciplined investment process.</p>
<p>“Our goal with these strategies was to create a high performing solution that would be easy for advisers to work with and explain to clients. We have found this is in line with the broader industry wanting to make the advice journey more efficient and seamless for both advisers and their clients,” he said.</p>
<p>Australians now have a new high of over $144.5 billion invested in managed accounts<sup>[3]</sup>, highlighting the continued momentum of this investment vehicle. In particular, SMAs dominate the managed account sector with a 52%<sup>[4]</sup> market share.</p>
<p>MLC Portfolio Manager, Anthony Golowenko, said: “It’s exciting to see the managed accounts industry go from strength to strength. Advisers value the access these strategies provide to their clients, so advisers can professionally manage strategies with transparency and facilitate direct ownership of underlying investments.</p>
<p>&#8220;Our highly experienced and passionate team of investment professionals tailor and manage the multi-asset diversified strategies to deliver consistent outcomes for clients. We see this $1 billion as the beginning of our Managed Account Strategies journey.</p>
<p>“Through our active approach we moved to increase the resilience of our portfolios last year in the face of rapid interest rate rises, particularly in our diversified fixed income capability. It’s this great flexibility that sees us well equipped to position the portfolios for what could be a more turbulent year ahead.”</p>
<p>Within the MLC Asset Management business there are more than 100 investment professionals across ten teams<sup>[5]</sup> who manage $83.6 billion.</p>
<p>MLC’s Managed Account Strategies combine MLC’s long standing 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<sup>[6]</sup>, the only manager to receive this rating for multi-asset managed accounts nationally. MLC Managed Account Strategies were also awarded winner of the Multi Asset Class in the Institute of Managed Account Professionals&#8217; Managed Accounts Awards 2022<sup>[7]</sup>.</p>
<p>Both Premium Model and Value Model Portfolios are now available via the MLC Wrap, MLC Navigator, Macquarie Wrap, BT Panorama, HUB24, CFS FirstChoice, Rhythm, Grow Wrap, and Voyage platforms.</p>
<h6>&#8212;&#8212;&#8212;-<br />
<strong>Notes:</strong><br />
[1] References to MLC mean the MLC Asset Management business unit which in the case of the MLC Asset Management Managed Account Strategies includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
[2] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios</a><br />
[3] As at 31 December 2022, The Institute of Managed Account Professionals (IMAP), <a href="https://www.imap.asn.au/publications/perspectives/114-perspectives-autumn-2023/1117-imap-fumcensus-dec-2022.html">https://www.imap.asn.au/publications/perspectives/114-perspectives-autumn-2023/1117-imap-fumcensus-dec-2022.html</a><br />
[4] As at 20 December 2022, Rainmaker Information, <a href="https://www.rainmaker.com.au/media-release/smas-dominating-the-managed-accounts-market">https://www.rainmaker.com.au/media-release/smas-dominating-the-managed-accounts-market</a><br />
[5] As at 23 February, 2023.<br />
[6] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
[7] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios</a></h6>
]]></description>
                                            <content:encoded><![CDATA[<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3>MLC Asset Management’s (MLC<sup>[1]</sup>) Managed Account Strategies have surpassed $1 billion in funds under management (FUM) in less than three years since inception.</h3>
<p>Designed to suit a range of needs, MLC Managed Account Strategies provide transparent, diversified solutions for clients with different goals, time horizons and fee expectations. The range of Managed Account Strategies was recently expanded to include conservative and high growth options in response to market demand from advisers<sup>[2]</sup>.</p>
<p>MLC General Manager Direct Capabilities and Specialist Investment Services, Jason Komadina, says “We are thrilled with the success and popularity of these strategies, which combine our best thinking on asset allocation with a disciplined investment process.</p>
<p>“Our goal with these strategies was to create a high performing solution that would be easy for advisers to work with and explain to clients. We have found this is in line with the broader industry wanting to make the advice journey more efficient and seamless for both advisers and their clients,” he said.</p>
<p>Australians now have a new high of over $144.5 billion invested in managed accounts<sup>[3]</sup>, highlighting the continued momentum of this investment vehicle. In particular, SMAs dominate the managed account sector with a 52%<sup>[4]</sup> market share.</p>
<p>MLC Portfolio Manager, Anthony Golowenko, said: “It’s exciting to see the managed accounts industry go from strength to strength. Advisers value the access these strategies provide to their clients, so advisers can professionally manage strategies with transparency and facilitate direct ownership of underlying investments.</p>
<p>&#8220;Our highly experienced and passionate team of investment professionals tailor and manage the multi-asset diversified strategies to deliver consistent outcomes for clients. We see this $1 billion as the beginning of our Managed Account Strategies journey.</p>
<p>“Through our active approach we moved to increase the resilience of our portfolios last year in the face of rapid interest rate rises, particularly in our diversified fixed income capability. It’s this great flexibility that sees us well equipped to position the portfolios for what could be a more turbulent year ahead.”</p>
<p>Within the MLC Asset Management business there are more than 100 investment professionals across ten teams<sup>[5]</sup> who manage $83.6 billion.</p>
<p>MLC’s Managed Account Strategies combine MLC’s long standing 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<sup>[6]</sup>, the only manager to receive this rating for multi-asset managed accounts nationally. MLC Managed Account Strategies were also awarded winner of the Multi Asset Class in the Institute of Managed Account Professionals&#8217; Managed Accounts Awards 2022<sup>[7]</sup>.</p>
<p>Both Premium Model and Value Model Portfolios are now available via the MLC Wrap, MLC Navigator, Macquarie Wrap, BT Panorama, HUB24, CFS FirstChoice, Rhythm, Grow Wrap, and Voyage platforms.</p>
<h6>&#8212;&#8212;&#8212;-<br />
<strong>Notes:</strong><br />
[1] References to MLC mean the MLC Asset Management business unit which in the case of the MLC Asset Management Managed Account Strategies includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
[2] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios</a><br />
[3] As at 31 December 2022, The Institute of Managed Account Professionals (IMAP), <a href="https://www.imap.asn.au/publications/perspectives/114-perspectives-autumn-2023/1117-imap-fumcensus-dec-2022.html">https://www.imap.asn.au/publications/perspectives/114-perspectives-autumn-2023/1117-imap-fumcensus-dec-2022.html</a><br />
[4] As at 20 December 2022, Rainmaker Information, <a href="https://www.rainmaker.com.au/media-release/smas-dominating-the-managed-accounts-market">https://www.rainmaker.com.au/media-release/smas-dominating-the-managed-accounts-market</a><br />
[5] As at 23 February, 2023.<br />
[6] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
[7] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/portfolios</a></h6>
<p>The post <a href="https://www.adviservoice.com.au/2023/04/mlc-asset-management-managed-account-strategies-reach-1-billion-milestone/">MLC Asset Management, Managed Account Strategies reach $1 billion milestone</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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                <title>MLC Asset Management launches its first retail private equity fund</title>
                <link>https://www.adviservoice.com.au/2022/10/mlc-asset-management-launches-its-first-retail-private-equity-fund/</link>
                <comments>https://www.adviservoice.com.au/2022/10/mlc-asset-management-launches-its-first-retail-private-equity-fund/#respond</comments>
                <pubDate>Tue, 04 Oct 2022 20:50:12 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[From the Source]]></category>
		<category><![CDATA[Kristian Zimmermann]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=85208</guid>
                                    <description><![CDATA[<div id="attachment_85209" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-85209" class="size-full wp-image-85209" src="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650-300x162.png 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-85209" class="wp-caption-text">Kristian Zimmermann</p></div>
<h3>MLC Asset Management has launched its first retail private equity fund, the MLC Global Private Equity Fund (the ‘Fund’), providing retail investors with concentrated exposure to global private equity investments previously only available to institutional investors.</h3>
<p>MLC Asset Management is one of Australia’s largest investment managers with over $149 billion in assets under management<sup>[1]</sup>. Designed by the MLC Private Equity team to meet the growing demand from retail investors for this asset class, the Fund offers retail investors a diversified portfolio including carefully selected private equity opportunities, with a minimum investment of $20,000.</p>
<p>Kristian Zimmermann, Co-Head Private Equity (Australia) at MLC Asset Management, said: “We have been investing in the private equity asset class on behalf of institutional investors for 25 years and we’re very pleased to now offer the retail market rare access to private equity investments. Our new Global Private Equity Fund aims to provide long-term capital growth, by investing in a diverse range of global equity assets, for retail investors.</p>
<p>“Through close relationships developed with specialist private equity managers, we aim to secure access to global and diversified private equity investment opportunities. The Fund is designed for investors with a higher risk-return appetite who want to diversify their portfolio by investing into private equity and are comfortable with limited liquidity.</p>
<p>“Private equity provides additional portfolio diversification as it allows investors to gain a different return and risk profile relative to traditional asset classes over the long term. Against the current macroeconomic backdrop and rising inflationary pressures, we continue to witness the resilience of private equity as an asset class and the creation of new opportunities for retail investors. This goes without saying investors need to be aware of the risks when investing in private equity, which, amongst other things include limited liquidity and the risk of a loss of capital,” said Mr Zimmermann.</p>
<p>MLC Private Equity, a division of MLC Asset Management Pty Limited, is one of the most experienced global private equity managers in Australia with over 25 years’ experience investing in private equity. The team, which currently manages $4 billion in funds<sup>[2]</sup>, has delivered financial returns to investors over the life of the program, through differing market cycles.</p>
<p>The Fund is a mature portfolio of assets, providing exposure across geographic regions, strategies, and industry sectors, including healthcare, technology, and consumer focused industries. With investments in private equity funds and co-investments, the portfolio also includes a listed private equity-related exchange traded fund (ETF) and cash to assist in managing liquidity.</p>
<p>Mr Zimmermann said: “The Fund is diversified across several private equity strategies, including growth and buy-out strategies, enriching the potential for significant returns through opportunities to improve businesses’ performance and valuation.</p>
<p>“We’ve developed deep relationships with specialist private equity managers globally, giving us access to investment opportunities that provide exposure to the returns of private companies with the potential for strong and sustained transformation and growth.”</p>
<p>“Our global team takes a research-driven approach to discovering, selecting and investing in private equity opportunities with high potential for delivering returns to our investors, while focusing on managing risks,” Mr Zimmermann concluded.</p>
<p>The MLC Global Private Equity Fund is available via its Product Disclosure Statement (PDS) and will become available on investment platforms in the future.</p>
<h6>&#8212;&#8212;&#8211;<br />
[1] As at 30 June 2022.<br />
[2] Insignia Financial Ltd FY22 ASX Results Presentation, 25 August 2022.</h6>
]]></description>
                                            <content:encoded><![CDATA[<div id="attachment_85209" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-85209" class="size-full wp-image-85209" src="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650.png 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/10/Zimmermann-Kristian-650-300x162.png 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-85209" class="wp-caption-text">Kristian Zimmermann</p></div>
<h3>MLC Asset Management has launched its first retail private equity fund, the MLC Global Private Equity Fund (the ‘Fund’), providing retail investors with concentrated exposure to global private equity investments previously only available to institutional investors.</h3>
<p>MLC Asset Management is one of Australia’s largest investment managers with over $149 billion in assets under management<sup>[1]</sup>. Designed by the MLC Private Equity team to meet the growing demand from retail investors for this asset class, the Fund offers retail investors a diversified portfolio including carefully selected private equity opportunities, with a minimum investment of $20,000.</p>
<p>Kristian Zimmermann, Co-Head Private Equity (Australia) at MLC Asset Management, said: “We have been investing in the private equity asset class on behalf of institutional investors for 25 years and we’re very pleased to now offer the retail market rare access to private equity investments. Our new Global Private Equity Fund aims to provide long-term capital growth, by investing in a diverse range of global equity assets, for retail investors.</p>
<p>“Through close relationships developed with specialist private equity managers, we aim to secure access to global and diversified private equity investment opportunities. The Fund is designed for investors with a higher risk-return appetite who want to diversify their portfolio by investing into private equity and are comfortable with limited liquidity.</p>
<p>“Private equity provides additional portfolio diversification as it allows investors to gain a different return and risk profile relative to traditional asset classes over the long term. Against the current macroeconomic backdrop and rising inflationary pressures, we continue to witness the resilience of private equity as an asset class and the creation of new opportunities for retail investors. This goes without saying investors need to be aware of the risks when investing in private equity, which, amongst other things include limited liquidity and the risk of a loss of capital,” said Mr Zimmermann.</p>
<p>MLC Private Equity, a division of MLC Asset Management Pty Limited, is one of the most experienced global private equity managers in Australia with over 25 years’ experience investing in private equity. The team, which currently manages $4 billion in funds<sup>[2]</sup>, has delivered financial returns to investors over the life of the program, through differing market cycles.</p>
<p>The Fund is a mature portfolio of assets, providing exposure across geographic regions, strategies, and industry sectors, including healthcare, technology, and consumer focused industries. With investments in private equity funds and co-investments, the portfolio also includes a listed private equity-related exchange traded fund (ETF) and cash to assist in managing liquidity.</p>
<p>Mr Zimmermann said: “The Fund is diversified across several private equity strategies, including growth and buy-out strategies, enriching the potential for significant returns through opportunities to improve businesses’ performance and valuation.</p>
<p>“We’ve developed deep relationships with specialist private equity managers globally, giving us access to investment opportunities that provide exposure to the returns of private companies with the potential for strong and sustained transformation and growth.”</p>
<p>“Our global team takes a research-driven approach to discovering, selecting and investing in private equity opportunities with high potential for delivering returns to our investors, while focusing on managing risks,” Mr Zimmermann concluded.</p>
<p>The MLC Global Private Equity Fund is available via its Product Disclosure Statement (PDS) and will become available on investment platforms in the future.</p>
<h6>&#8212;&#8212;&#8211;<br />
[1] As at 30 June 2022.<br />
[2] Insignia Financial Ltd FY22 ASX Results Presentation, 25 August 2022.</h6>
<p>The post <a href="https://www.adviservoice.com.au/2022/10/mlc-asset-management-launches-its-first-retail-private-equity-fund/">MLC Asset Management launches its first retail private equity fund</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
]]></content:encoded>
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                <title>MLC Asset Management bolsters Managed Accounts offering</title>
                <link>https://www.adviservoice.com.au/2022/08/mlc-asset-management-bolsters-managed-accounts-offering/</link>
                <comments>https://www.adviservoice.com.au/2022/08/mlc-asset-management-bolsters-managed-accounts-offering/#respond</comments>
                <pubDate>Wed, 17 Aug 2022 21:50:35 +0000</pubDate>
                <dc:creator>
                                    </dc:creator>
                		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Anthony Golowenko]]></category>
		<category><![CDATA[Jason Komadina]]></category>
                <guid isPermaLink="false">https://www.adviservoice.com.au/?p=84232</guid>
                                    <description><![CDATA[<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3>MLC Asset Management (MLC<sup>[1]</sup>), 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.</h3>
<p>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<sup>[2]</sup>. 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<sup>[3]</sup>, the only manager to receive this rating for multi asset managed accounts nationally.</p>
<p>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.</p>
<p>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.</p>
<p>“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.</p>
<p>Additionally, MLC’s Managed Accounts Strategies have reached its $500 million milestone in under two years.</p>
<p>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.”</p>
<p>Managed accounts still a booming market Australians now have over $130 billion<sup>[4]</sup> 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.</p>
<p>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.</p>
<p>“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.</p>
<p>Both Premium Model and Value Model Portfolios are now available via the MLC Wrap, MLC Navigator, Macquarie Wrap, BT Panorama, and HUB24 platforms.</p>
<p>&#8212;&#8212;&#8212;</p>
<h6><strong>References:</strong><br />
[1] References to MLC mean MLC Asset Management which includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
[2] As at 31 December, 2021<br />
[3] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
[4] 4 As at 31 December 2021, Institute of Managed Account Professionals (IMAP), <a href="https://www.imap.asn.au/component/content/article/110-%20perspectives/perspectives-summer-2022/1058-imap-fumcensus-dec-2021?Itemid=101">https://www.imap.asn.au/component/content/article/110-%20perspectives/perspectives-summer-2022/1058-imap-fumcensus-dec-2021?Itemid=101</a></h6>
]]></description>
                                            <content:encoded><![CDATA[<div id="attachment_84234" style="width: 660px" class="wp-caption alignleft"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-84234" class="size-full wp-image-84234" src="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg" alt="" width="650" height="350" srcset="https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650.jpg 650w, https://www.adviservoice.com.au/wp-content/uploads/2022/08/Komadina-Jason-650-300x162.jpg 300w" sizes="auto, (max-width: 650px) 100vw, 650px" /><p id="caption-attachment-84234" class="wp-caption-text">Jason Komadina</p></div>
<h3>MLC Asset Management (MLC<sup>[1]</sup>), 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.</h3>
<p>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<sup>[2]</sup>. 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<sup>[3]</sup>, the only manager to receive this rating for multi asset managed accounts nationally.</p>
<p>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.</p>
<p>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.</p>
<p>“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.</p>
<p>Additionally, MLC’s Managed Accounts Strategies have reached its $500 million milestone in under two years.</p>
<p>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.”</p>
<p>Managed accounts still a booming market Australians now have over $130 billion<sup>[4]</sup> 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.</p>
<p>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.</p>
<p>“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.</p>
<p>Both Premium Model and Value Model Portfolios are now available via the MLC Wrap, MLC Navigator, Macquarie Wrap, BT Panorama, and HUB24 platforms.</p>
<p>&#8212;&#8212;&#8212;</p>
<h6><strong>References:</strong><br />
[1] References to MLC mean MLC Asset Management which includes MLC Asset Management Services Limited (MSL), investment manager of MLC Managed Account Strategies and MLC Asset Management Pty Limited (MLCAM), distributor of MLC Managed Account Strategies.<br />
[2] As at 31 December, 2021<br />
[3] <a href="https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview">https://www.mlcam.com.au/our-investment-managers/mlc-managed-account-strategies/overview</a><br />
[4] 4 As at 31 December 2021, Institute of Managed Account Professionals (IMAP), <a href="https://www.imap.asn.au/component/content/article/110-%20perspectives/perspectives-summer-2022/1058-imap-fumcensus-dec-2021?Itemid=101">https://www.imap.asn.au/component/content/article/110-%20perspectives/perspectives-summer-2022/1058-imap-fumcensus-dec-2021?Itemid=101</a></h6>
<p>The post <a href="https://www.adviservoice.com.au/2022/08/mlc-asset-management-bolsters-managed-accounts-offering/">MLC Asset Management bolsters Managed Accounts offering</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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