Snowball offers investors access to alternative funds

Snowball managing director and co-founder Simeon Burnett says the funds it is offering have traditionally been available to only institutional investors or high net worth investors. (Image: Supplied)

John Anthony

Mon, 25 Nov 2024

Crowdfunding platform Snowball is offering investors access to managed funds it says have traditionally been difficult to access.Snowball managing director and co-founder Simeon Burnett said the funds included a mix of private equity, private credit and long short equity funds – asset classes that provided the potential for enhanced returns, increased diversification and helped combat volatility.New exposureBurnett said accessing assets to diversify a portfolio could be difficult and such funds were often available only to institutional i...

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