Instos need in-house capabilities
Large institutions need to build strong in-house capabilities to meet the needs of investors, Frontier Advisors believes.
The firm said as the industry questions the role played by consultants as larger institutional investors build strong internal capabilities, it has completed its transition for the new, complex, and challenging market environment.
Frontier chief executive, Damian Moloney, said the firm's approach was built around four key pillars.
"…namely knowledge sharing, customisation, industry leading technology, and an alignment of interests through the unconflicted nature of our advice," he said.
"We think that is a unique set of attributes that meets the needs of today's and tomorrow's institutional investor and it would seem the market agrees."
Frontier was recently ranked as the leading asset consultant operating in Australia by Peter Lee Associates Investment Management.
"We had set ourselves a goal to achieve a number one ranking in our industry and the conclusive nature of these results provides great comfort our clients agree that we have our approach to providing institutional investment advice right," Moloney said.
"The results are especially encouraging as these are the thoughts of those who work closely with consultants every day and who rely on them to support the investment programs for their various members and beneficiaries."
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