JBWere, the wealth advice business within NAB Private Wealth, has announced the launch
of two new active fixed income products, backed by UBS Asset Management. The new suite of strategies, designed exclusively for JBWere’s wholesale clients, provide access to expertly managed defensive assets at a time of increased demand for sophisticated fixed
income solutions.
NAB Private Wealth Executive and JBWere CEO, Michael Saadie said these fixed income funds offer valuable and timely solutions for clients looking to add defensive components to a balanced, multi-asset portfolio.
“These new funds underscore JBWere’s commitment to offering high-quality investment solutions tailored to the specific needs of our clients, specifically those wanting high-quality defensive investment strategies,” Mr Saadie said.
“Australian investors allocated a record $6.26 billion to managed fixed income funds in the first half of the year. Now, with the US Federal Reserve easing and inflation moderating, there is a timeliness to clients having access to expertly managed portfolios that deliver both global and domestic exposure and a strong defensive profile.”
Also read: IAM Launches Two Single Bond ETFs
The new product suite includes a domestic credit option, the UBS JBWere Australian Credit Fund, and a global credit option, the UBS JBWere International Credit Fund. Both will be available exclusively to wholesale clients of JBWere this December.
The products will be structured as an Australian Unit Trust and will be onboarded to the JBWere Multi-Asset Platform.
