Investment platforms with a focus on non-bank aligned advisers are quick to respond to new investment strategies, according to Dalton Street Capital.
Commenting on the business’ recent approval from Macquarie Wrap, Dalton Street Capital said demand was increasing for “Australian based, daily priced” alternative products within the “independent advice market”.
Dalton Street Capital portfolio manager Alan Sheen said this has led some wraps to react quickly to newer investment strategies.
“Platforms that are focused on the agile, independent adviser market are responding more quickly with approvals for these new types of strategies,” he said.
The company said advisers are increasingly looking for “uncorrelated alternative opportunities” to meet the challenges of “this late stage bull market”.
Dalton Street Capital has also received approval from Hub24, Netwealth and Mason Stevens, the company said.
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