SMI fund added to BT Wrap
Yellow Brick Road-linked boutique fixed income manager, Smarter Money Investments, has had its flagship "active cash" fund added to the BT Wrap Platform.
The company said the product's addition to the BT Wrap followed on from its addition to Maquarie Wrap, Onevue, Netwealth , Hub24, ASX mFunds and Powerwrap.
It said inclusion on the BT platform would enable a significant number of new advisrs to access the short-term fixed-interest solution.
Smarter Money Investments is a fixed-income manager established in 2011 as a joint venture with Yellow Brick Road.
Recommended for you
Adviser numbers have experienced their largest weekly loss year-to-date this week, doubling that of the previous week.
The number of advisers currently using or planning to use artificial intelligence in their practices has risen substantially to almost three-quarters of firms, according to Adviser Ratings.
Morningstar believes there is still further to run with the potential takeover of Insignia Financial even with original bidder Bain Capital walking away.
Large AFSLs with more than 100 advisers are seeing the largest losses in both adviser and AFSL numbers as individuals seek a smaller, personal vision in their work.
