State Street Global Advisors to manage new Foster Denovo funds

Foster Denovo will offer ‘broader investment options’ to its advisers

Sahar Nazir
clock • 1 min read

National advisory business Foster Denovo Group has appointed State Street Global Advisors (SSGA) to manage two of its smart diversification funds.

State Street Global Advisors will manage Foster Denovo's sequel open-ended investment company funds. The two funds are the WS Sequel World Equity fund and the WS Sequel Diversified Real Assets fund. The smart diversification funds managed by SSGA are expected to provide clients with broader diversification options and tailored investment strategies to meet their financial goals. The initiative brings together Foster Denovo's investment solutions team, Sequel Investments, SSGA, Waystone's authorised corporate director, and proposition development support from Elston Consulting. E...

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