Insignia’s MLC AM expands managed accounts offering

Insignia-owned MLC Asset Management has expanded its managed accounts offering, announcing that it has expanded its range to include conservative and high growth options.

Confirming that it has passed the $500 million in funds under management *FUM) in less than two years, MLC AM is also pointing to the fact that it is the only manager to have received an “Outstanding” rating from independent ratings house, SQM Research.

Commenting on the additional managed accounts offerings, MLC general manager, Direct Capabilities and Specialist Investment Investment Services, Jason Komadina said the need for quality advice and demands on advisers had never been higher.

He said the firms managed account range now includes conservative and high growth options offering a full suite for advisers to utilise.

“We have taken the opportunity to align the existing portfolios naming convention with industry standards, while also more simply and transparently conveying the nature of their expected risk,” Komadina said.

He also said that reaching the $500 million in FUM milestone inside two years represented a testament to the firm’s expert team.