BetaShares expands its SMA presence

BetaShares/Alex-Vynokur/separately-managed-accounts/SMA/managed-accounts/

8 October 2019
| By Oksana Patron |
image
image image
expand image

BetaShares has broadened its separately managed accounts (SMA) presence with an addition of its Dynamic Asset Allocation ETF Model portfolios to the Netwealth investment platform.

The firm said that the addition of the models, available via SMAs, aimed to provide advisers with convenient access to its intelligent investment solutions.

BetaShares chief executive, Alex Vynokur, said: “We’ve seen the strong demand from advisers for model portfolios, and we’re delighted that our ETF models are now accessible on Netwealth’s award-winning platform.

“Advisers have increasing compliance and administration loads to manage, as well as meeting the ever-changing needs of clients.

“Implementing ETF model portfolios for some, or all, of their clients provides a cost-efficient, scaleable solution with high portfolio construction integrity, while saving significant time on investment and manager selection, and portfolio management.”

BetaShares also said it used an open architecture ‘best-of-breed’ ETF selection process and, as such, the model portfolios were not constructed by using only the firm’s funds, but with other ETF managers’ offerings included in the models which were based upon investment merit.

Netwealth’s joint managing director, Matt Heine, said: “It is no secret that the ETF market continues to grow exponentially. The addition of the BetaShares models, provided by one of Australia’s leading ETF manufacturers, further supports this objective.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 17 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5