Navigator has added 11 funds, primarily growth and alternative vehicles, to its investment platform.
Andrew Barker, Navigator general manager wealth management products, said the bent towards alternative vehicles was driven by planner demand. “Financial planners tend to have a core set of funds in addition to satellite funds to provide diversification. “Our additions have been in the alternatives space. It’s related to the bull market.” The alternative funds join Select Asset Management’s multi-manager alternatives portfolio, which was added in August 2006, as well as the Deutsche Asset Management strategic value fund and three HFA products. Barker said the funds, listed below, would be available through Navigator within the week. The recently added products are: Armytage strategic opportunities fund; Challenger wholesale select Australian share fund; Goldman Sachs JBWere Australian infrastructure wholesale fund; Macquarie Australian small companies incentives fund; Merrill Lynch asset allocation alpha fund (class D units); Advance wholesale global alpha fund; Perennial growth shares wholesale trust; K2 Australian absolute return fund; K2 Select international absolute return fund; Australian Unity wholesale high yield mortgage trust; and Perpetual wholesale Australian share fund. There are 260 funds on the Navigator platform, with $17 billion in funds under administration, and alternative funds are not charged any additional fees for inclusion.
alpha, trust;, alternative, wholesale, strategic, merrill, select, navigator, goldman, barker, fund;, vehicles
Investments
The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.






Leave a Comment
You must be logged in to post a comment.