“Only when the tide goes out do you discover who's been swimming naked”. – Warren Buffet
Got your bathers on?
In these uncertain times, advisers and wealth are focused on actively managing their clients’ investment portfolios to minimise losses.
One asset class rising through the ranks due to its low correlation to the now volatile equity markets and strong performance is alternative assets.
According to data from Morningstar Direct, in March this year 7 out of the top ten performing funds were alternatives.
The Future Fund, with its high exposure to alternatives (close to a third), is also doing better than most. It recorded a decline of just 3.4% in the March quarter, compared to the S&P/ASX200 and S&P500’s results of negative 23.1% and negative 19.7% respectively.
Alternative assets typically do not appear on platform approved products lists because they can be extremely complicated to administer and report on as part of a consolidated investment portfolio.
But for Powerwrap, that’s what we do best. Powerwrap are the experts in the Australian platform market when it comes to the administration of alternative assets.
Want to find out how you can gain exposure to this powerful asset class?
Contact firstname.lastname@example.org to get in touch with the Powerwrap team.