Investment and superannuation platform provider, OneVue has expanded its separately managed accounts (SMAs) capability by adding AllianceBernstein and Franklin Templeton to its platform.
Under the terms of the deal, both AB Concentrated Global Growth Equities and the AB Concentrated US Growth Equities portfolios would become a part of OneVue’s Managed Account Model Portfolio while Franklin Templeton would add its Franklin Concentrated Global Equity ex-Australia portfolio to OneVue.
AB’s chief executive, Jen Driscoll, said: “OneVue is one of the few platforms in Australia actively offering global SMAs and we look forward to working with them to provide investors with the benefits of direct international share ownership, such as transparency, direct dividend cashflow and tax efficiencies, all at an affordable cost.”
Lisa McCallum, OneVue EGM Platform Services, said the move followed a growing demand among the Australian investors to diversify their portfolios and gain access to global investments.
“We are very pleased to be partnering with both AllianceBernstein and Franklin Templeton who are both leading global fund managers with deep research and portfolio management expertise,” she added.