Portfolio Solutions will target clients who have moved beyond the accumulation phase of their wealth strategy. With market volatility expected to continue in 2013, the consulting service will look to a diversified portfolio of credit, equity income and absolute return strategies, alongside traditional safe assets such as term deposits, to generate income. The service will also provide stress testing and risk analysis for portfolios. Portfolio Solutions will be available to individual and institutional investors with more than $3 million in investable assets (and is already available through MLC-aligned and NAB Private Wealth advisers).
Janus Henderson to go private following US$7.4bn acquisition
Global asset manager Janus Henderson has been acquired by Trian Fund Management and General Catalyst in a US$7.4 billion deal....
