Lonsec Investment Solutions has expanded its range of managed portfolios, adding its capabilities to a further two platforms, Macquarie Wrap and HUB24. The move comes as advisers continue to turn to managed portfolios to help streamline administrative burdens and more efficiently navigate the growing breadth and complexity of financial products to best meet their client needs.
Lonsec Investment Solutions was established last year to bring together Lonsec’s broad investment research capability and established portfolio construction experience to deliver packaged investment solutions for financial advisers and their clients.
Its managed portfolios invest across a range of managed funds and listed securities and are a practical way to give advisers access to Lonsec’s unparalleled independent research across listed and unlisted investments.
HUB24 has added a suite of Lonsec Retirement Managed Portfolios. The three diversified objectives-based model portfolios have a bias towards delivering income, along with a focus on managing risks that are relevant to retirees such as market and inflation risk.
On Macquarie Wrap, advisers now have access to Lonsec Managed Portfolios Elite (Conservative, Balanced or Growth) – a series of model portfolios that follows Lonsec’s strategic asset allocation framework and includes alternative assets.
The addition of these managed portfolios to HUB24 and Macquarie platforms complements the existing availability of Lonsec’s managed portfolios on BT Panorama, where Lonsec offers a suite of diversified portfolios that use its strategic asset allocation across traditional assets only, excluding alternatives.
Lukasz de Pourbaix, CIO of Lonsec Investment Solutions, said Lonsec was looking to give advisers access to a wide range of investment solutions to meet different client needs.
“In a post FoFA environment advisers and licencees are challenged to find more efficient and effective approaches to delivering outcomes for their clients. Our managed portfolios allow advisers to access the portfolio construction and research expertise that Lonsec is known for in a structure that works for their clients,” Mr de Pourbaix said.
“All of these portfolios use managed funds as the underlying investments however they are wrapped up within a separately managed account (SMA) structure so the client retains beneficial ownership of the assets and portfolio switches and rebalancing are streamlined.
“This is coupled with Lonsec’s investment monitoring and governance process including ongoing reviews of the portfolios underpinned by Lonsec’s broad research capabilities,” he added.
