MLC has decided to add the Global Absolute Return Strategies (GARS) Australian Trust (ARSN 125 897 261) and Absolute Return Global Bond Strategies (ARGBS) Australian Trust (ARSN 125 897 261) to MLC Wrap, listing growing interest in absolute return strategies as a reason for the addition.
“Sophisticated investors are now focused on managing risk more effectively and achieving consistent investment returns, helping the products to secure spots on MLC’s platform,” said Standard Life investment director, wholesale business, Matthew Newham.
“We’re delighted that MLC has added GARS and ARGBS to its highly regarded wrap platform. Diversified absolute return strategies such as GARS and ARGBS are helping Australian investors to achieve more reliable and consistent returns, but with much lower levels of volatility.”
Great news for standard life, now if only MLC could learn how to get the service right on wrap, this would be of benefit to me and my clients !!!