Select AM Gets MGD Wealth’s LDI Mandate

Brisbane-based high net worth wealth management and advisory business MGD Wealth has chosen Select Asset Management as its portfolio investment manager.

Brisbane-based high net worth wealth management and advisory business MGD Wealth has chosen Select Asset Management (Select AM) as its portfolio investment manager. The Australian customized multi-manager, multi-asset class portfolio solutions provider will be managing the LDI Connect 3 and LDI Connect 7 portfolios.

The two newly created liability-driven investment portfolios are being designed to augment MGD’s Liability Driven Investing (LDI) portfolio construction and investment advisory process. Select is now seeking a small number of dealer group partners for the portfolios and assisting MGD to build multi-manager, multi-asset class portfolios, adds Financial Standard.

Click here for the release from Select Asset Management.

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