Treasury Group has created an investment advisory group, Premium Services, whose core function is to provide asset allocation knowhow to Treasury's suite of boutique funds.

Yesterday Treasury formed Premium Services, an advisory team made up of Mark Burgess, managing director at Treasury Group, David Bassanese, economist and owner of ETF research provider Pennywise and Paul Winter, equity strategist at Investors Mutual (IML).

The research is designed specifically for Premium managers and shareholders but other Treasury Group fund managers including Treasury Asia Asset Management, Orion Asset Management and Global Value Investors can access it, said Burgess.

Burgess said they created the advisory group because fund managers need to take an active approach to asset allocation as macroeconomic factors play a bigger role.

"There's going to be far more rotation between domestic assets and offshore, the currency will no longer be trending upwards - its an environment for active allocation," he said.