Firstly, moderately conservative and moderately aggressive risk profiles have been added to the MyNorth Sustainable managed portfolio in a bid to recognise growing demand for ESG investment options.
The portfolio, to be managed by Pendal, was developed by the MyNorth research team in consultation with advisory company Regnan.
Meanwhile, to complement the existing Zenith essentials range, AMP has announced a new Zenith Elite Blends portfolio that “incorporates Zenith’s expertise in investment markets and manager selection”.
“Managed portfolios are deeply valued, with close to half of advisers in Australia now incorporating them as part of their investment strategies for clients,” AMP’s director of platforms, Edwina Maloney, said.
“They’ll continue to grow in popularity because they embody the attributes which advisers most value in running their practices – quality, low-cost investment solutions, delivered simply, efficiently and transparently.
“Advisers and their clients can expect further managed portfolio releases through the North platform in the coming months as we continue to strengthen our offer.”
