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MLC

MLC Australia is part of the National Australia Group of companies. The company provides wealth creation, wealth protection and retirement solutions to help Australian investors manage and protect their wealth.
 
MLC Australia has over 1.5 million customers across Australia with over $85 billion under their management as at September 2009. MLC is the third largest multi-manager in the world, with 8% of the world market share (Cerulli Associates - Cerulli Quantitative Update: Global Multi-manager Products 2008).

MLC uses a ‘manager of managers’ investment approach and does not directly manage investment funds. MLC offers access the expertise and knowledge of up to 32 leading investment managers from around the world through their multi-manager options. Investors can access a combination of selected managers providing diversification within and across asset classes as well as across investment styles. The aim is to reduce risk without diminishing the overall return and provide investors with greater consistency of investment performance in different market conditions.