AMP-North launches equity managed portfolios and whitepaper.
ENPNewswire-October 29, 2021--AMP-North launches equity managed portfolios and whitepaper
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Release date- 29102021 - North, one of the leading investment platforms, will significantly expand its capability for advisers and clients through the addition of Australian equities and exchange traded funds to its MyNorth Managed Portfolios.
The new range includes 23 new portfolios from 10 investment managers, including single-sector equity portfolios across large cap, mid and small cap, income, ESG, infrastructure and property and diversified portfolios, with exchange traded funds and managed funds. Investment managers have been closely vetted and selected to ensure market-leading expertise in constructing equity portfolios.
The portfolio additions, available to advisers and their clients from 29 November 2021, build upon North's existing range of diversified managed portfolios across retirement, ESG, accumulation, income and core/satellite funds.
The new portfolios are part of the ongoing expansion of the North investment range. With expected further additions to North's menu next month, around 150 new investments will have been added over the course of 2021.
Managed Portfolio Whitepaper
To coincide with the launch of the new portfolio range, North has launched a Managed Portfolio Whitepaper to support advisers with the implementation of managed portfolio investment strategies. Developed by North and the Institute of Managed Account Professionals (IMAP), the Whitepaper provides valuable insights from industry professionals on how managed portfolios are constructed, blended and best used by advisers to help build retirement wealth for clients. The paper is available here.
AMP Director of Platforms Edwina Maloney, said:
'The launch of equity managed portfolios on the North platform delivers on our strategy and ongoing commitment to providing advisers and clients with more investment choice.
'The portfolios will be competitively priced and delivered with a range of resources and functionality enhancements to the platform to make it easy and cost-effective for advisers to trade. This includes floating investment profiles and in-specie transferal of underlying client assets.
'The portfolios reflect the wide-ranging enhancements we're making to North to help advisers deliver quality advice and improve business efficiency.
'In the past year, we've reduced North's administration fees, reduced brokerage...
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