Nick Dignam from Fortitude Investment Partners shares insights with Lachlan Maddock from Fortitude Investment Partners on how a diversified portfolio in mid-market private equity is structured. The Inside Adviser
The world of alternative investments is at a crossroads. As markets defy expectations and liquidity concerns take centre stage, investors find themselves forced to rethink how they deploy capital in an increasingly complex environment.
Is your self-managed super fund capable of buying gold?
In times of high volatility or an impending crisis, gold has stood the test of time when it comes to preserving wealth. Gold has a colourful history, going back thousands of years, as a means to store and transport wealth and a way to help protect against the inflationary impacts on currency buying power. Time and time again, gold is the choice of smart investors because there really is no alternative “safe haven” asset. Where bonds and cryptocurrencies failed, gold succeeded and rose to the challenge as it did during the Ukraine crisis.
Precious metals have proven to be a great insurance policy for wealth preservation, but until now, your self-managed superannuation fund couldn’t invest in gold. This week, Rush Gold and BGL Corporate Solutions announced an industry first: the integration of gold bullion for self-managed super funds (SMSF) was now live.
Rush Gold is an Australian award-winning fintech and “gold-as-a-service” (GaaS) platform, while BGL Corporate Solutions is Australia’s leading provider of SMSFs, investment portfolios and company compliance management software. The partnership will offer gold bullion for the first time in BGL’s Simple Fund 360 and Simple Invest 360 products.
What this means is that superannuation members can invest in physical bullion for their SMSF and investment portfolios via BGL’s next-generation mobile app using either Simple Fund 360 or Simple Invest 360. Simple Fund 360 is an AI-powered SMSF administration solution providing streamlined SMSF compliance management and administration. Simple Invest 360 is an end-to-end investment portfolio management solution helping accountants streamline CGT compliance management for trusts, companies, and individuals. Rush Gold CEO Jodi Stanton says: “We’re thrilled to be the first to offer a low-cost premium gold investment opportunity to BGL’s growing client base, especially as investors increase their SMSF and investment portfolios within this inflationary environment.”
BGL Corporate Solutions Founder and Managing Director, Ron Lesh commented on the partnership, saying: “It’s great to add Rush Gold to the BGL ecosystem. The integration with Simple Fund 360 and Simple Invest 360 will allow the administration of physical gold bullion holdings to be consolidated and managed within investor portfolios.”
Stanton concluded, adding “Rush Gold’s unique Gold-as-a-Service platform is expanding from its home in the Australian market, across the world, giving digital access to a premium gold product.”
