Leading platforms add Pan-Tribal Fund
Coming hot on the heels of being added to AMP North, Pan-Tribal Asset Management today announced that the Pan-Tribal Global Equity Fund has been added to the investment menus of leading platforms BT Wrap and Asgard, which have over $144 billion (1) and $32 billion (2) respectively in assets under management.
Colin Woods, Pan-Tribal CEO commented, “It is very gratifying that the Fund has got so much traction so quickly and has been added to the menu of such well-established platforms.”
“BT Wrap is the market leader and is the most widely white-labelled platform in the market. Similarly, Asgard has built up a loyal following among advisers and Dealer Groups over time. Being added to these investment menus makes the Fund accessible to a large number of quality advisers.”
Platforms are an important part of Pan-Tribal’s growth strategy– according to data released by Plan for Life, the platform sector increased its funds under management by $89.1 billion to $662.8 billion for the year ending 31 March 2015. (3)
The Pan-Tribal Global Equity Fund was launched in November 2014. It is now available through FirstWrap, AMP North, BT Wrap and Asgard. The Fund is managed by New York-based Davis Advisors, which has more than US$36 billion funds under management, across a range of equity strategies.
(1) bt.com.au/about-us/history/
(2) asgard.com.au/about-us/
(3) Money Management 15 June 2015