MLC Limited

MLC Limited


MLC Limited

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MLC is an Australian asset and wealth management company, which was acquired by the National Australia Bank (NAB).


MLC provides investment, superannuation, insurance and private wealth solutions to corporate and institutional customers.

MLC supports the provision of quality financial advice through its financial planning networks including NAB Financial Planning, Godfrey Pembroke, Garvan Financial Planning, MLC Financial Planning and Apogee Financial Planning.

MLC uses a 'manager of managers' investment approach. This means MLC does not directly manage investment funds. Instead, MLC's multi-manager options combine the expertise of up to 32 leading investment managers from around the world. This approach gives investors access to a combination of individually selected investment managers providing diversity across asset classes, within asset classes and across investment styles. The aim is to provide greater consistency of performance in variable market conditions compared to a single manager and significantly reduce risk without compromising the overall return. MLC is the third largest multi-manager in the world, with 8% of the world market share.

MLC holds the number one position for personal insurance annual inforce premiums with 14.1% market share...
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