Fractional property investment company DomaCom has signed an agreement to access the CoreLogic – Moody’s Analytics Australian Forecast Home Value Index.
The partnership will allow DomaCom to create “highly targeted research backed residential property investment strategies for independent financial advisers and direct investors”, the company said in a statement.
DomaCom intends to use the 10-year CoreLogic – Moody’s Analytics Australian Forecast Home Value Index to create residential crowdfunding campaigns for each Australian capital.
“While independent financial advisers are typically at the core of most client’s investment decisions they have not previously been able to offer clients a comprehensive property investment solution, effectively excluding the world’s largest asset class from the discussion,” said DomaCom chief executive Arthur Naoumidis.
“This is a step change in the evolution of our product suite, providing a simple, comprehensive solution for investors incorporating every step in the process from research to execution with a very low investment threshold of $2,500.”
Mr Naoumidis said the deal will mean investors will be able to invest in residential property strategies “backed by highly credible, independent research and underpinned by the confidence of having professional advice”.
The SMSF Association is the latest body to push for the inclusion of managed investment schemes in the CSLR; however, ...
While the rules around the tax deductibility of advice fees were technically updated in December 2023, the profession ...
Financial adviser at Complete Wealth, Dr Ben Neilson, explains how advisers have improved their perceived value over the ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin