AltaVista upgrades Portfolio Builder
Financial advisers will be able to blend their own ETF model portfolios via a new version of AltaVista Research's Portfolio Builder.
The company announced the release of the new version this week, claiming it would enable advisers to blend their own ETF model portfolios using the universe of 'plain vanilla' equities and fixed interest ETFs from all issuers.
Announcing the release, the company said that what was not actively pointed out was that while the number of ETFs in Australia might be small by global standards, the universe of Australian Securities Exchange (ASX) domiciled ETFs allowed for the construction of well diversified, cost effective and readily implemented ETF model portfolios across the major asset classes of domestic and global equities, bonds and cash.
"Our newly enhanced Portfolio Builder aims to provide advisers with the ease and convenience to harness the full transparency that ETFs provide through our quantitative research-based tools in order to construct portfolios to their desired specifications," the announcement said.
It said full quantitative research-driven reporting would be provided ready to analyse and present to the client.
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