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
Intelliflo has been acquired by global investment firm Carlyle for $200 million, stating it wants to accelerate the software firm’s growth in Australia.
Asset and wealth manager Prime Financial Group is looking to M&A and technology for future growth after growing its FUM by 58 per cent in FY25.
Centrepoint Alliance, the third-largest advice licensee, has reported 40 per cent growth in its managed accounts business, but profits fell by a third.
Prosperity Advisers Group, a mid-tier advisory firm, has surpassed $1 billion in funds under management, hitting this milestone following a “sustained period of growth for the firm”.
