Macquarie Wrap has expanded its investment offering, adding a further 54 managed funds and 20 separately managed accounts [note 1] (SMAs) to the platform in the past year.
This brings the total number of managed funds available on Macquarie Wrap to in excess of 700, with a further 58 SMA options for advisers and their clients to choose from.
The growth in investment options across both managed funds and SMAs reaffirms Macquarie Wrap’s commitment to providing advisers with flexible products that suit a wide range of client needs, greater investment choice and new functionality to manage client’s investments more efficiently.
Cameron Garrett, Head of Wealth Product for Macquarie Wealth Management, said Macquarie’s approach has always been to openly work with advisers, and to prioritise and launch new investment offerings that support their client and business needs in a changing landscape.
“The addition of a further 54 managed funds and 20 SMA offerings, across a wide spread of asset classes, is in direct response to the ongoing dialogue we have with advisers,” Mr Garrett said.
“Adviser feedback is central to the way we work and drives our business decisions. We are continually looking at ways to enhance our Macquarie Wrap offering to support advisers build their businesses and deliver for their clients, and prioritising the addition of new managers to the platform is just one example of this.”
Mr Garrett said Macquarie Wrap has seen continued strong interest in SMAs since launching two years ago, and its suite of external managers is now bigger than ever, ensuring we remain one of the most highly regarded platforms in the industry.
“SMAs help to streamline the management of an investment portfolio and provide investors with a wide selection of assets, giving clients greater investment choice and functionality to suit their investment strategy and goals,” Mr Garrett concluded.
Notes:
1. 1 September 2015 – 31 September 2016