Sydney-based boutique investment firm Private Portfolio Managers (PPM) has announced its separately managed account model Australian equities and global equities portfolios are now available on multiple platforms.
The portfolios have been added to the Endeavour, Hub24 and OneVue administrative platforms in addition to PowerWrap.
The move is in line with the firm’s broader objective of meeting dealer group demand for direct portfolio solutions, according to PPM chairman and founder Hugh MacNally.
“Particularly in the current environment with daily headlines from the royal commission, dealer groups want to be able to provide their clients with transparent access to proven professional investment management,” MacNally said.
“PPM’s Australian equity and global equity model portfolios provide them with that access, and the platforms with the administrative ease particularly to direct international equities to enable them to see directly what they hold and clearly understand what they are paying for.”
He said the growth in directly managed portfolios has been significant and a welcome change for dealer groups from the limited unitised or passive international investment options.