Global fund manager Morphic Asset Management has announced the addition of one of its global equities funds to the BT Wrap platform.
Morphic said the addition of its fund to the BT Wrap platform was a timely bid to attract the growing interest in global equity funds which provide flexible hedging strategies targeted to deliver acceptable, steady absolute returns for investors.
Morphic managing director Jack Lowenstein said he is pleased the fund has been placed on the BT Wrap menu given the quality of advisers who use it.Macquarie Bank will pay a $10 million penalty for failures related to preventing and detecting unauthorised fee ...
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