Russell Investments, Invest Blue launch private markets SMA

A new private markets solution leveraging a separately managed account (SMA) structure has entered the market via a partnership between global investment solutions specialist, Russell Investments, and financial advice firm, Invest Blue.

Russell Investments and financial advice firm Invest Blue today announced the launch of the Cornerstone Private Markets Managed Portfolio, offering  advised clients exposure to private assets that remain out of reach for most Australians.

According to the firms, private companies are staying private longer – and some may never go public at all. This means many investors risk missing out on the growth stories driving industries of the future. The Cornerstone Private Markets Managed Portfolio seeks to solve this gap by offering a simple, advised pathway into private equity, private credit and real assets.

With a minimum initial $25,000 investment the new portfolio uses a separately managed account structure, developed in collaboration with Ironbark, to give qualified advised clients of Invest Blue diversified access to institutional-quality private market opportunities within structures designed for retail investors.

Commenting on the launch, Russell Investments Head of Distribution in Australia, Neil Rogan said the firm  has been investing in private markets for more than 50 years. Our global scale and manager research means we can help open the door for Australian advised clients to participate in institutional-grade opportunities – overcoming many of the traditional barriers faced by retail investors.

InvestBlue’s Chris Ogilvie said for too long, access to private markets has been limited to large institutions and ultra-wealthy investors. But many of the world’s most innovative and successful companies are choosing to stay private. This managed portfolio allows our clients to participate in those opportunities – through a carefully designed structure for retail investors,