Briefcase, the Australian fintech remodeling funding administration with its direct indexing expertise, has partnered with Praemium to broaden its portfolio administration providing with the introduction of 5 new multi-asset Individually Managed Accounts (SMA) for retail buyers.
The 5 risk-based, multi-asset mannequin portfolios are designed to fulfill a various array of investor danger propensity.
Constructed utilizing best-of-breed, ASX listed ETFs from respected issuers, Briefcase delivers refined mannequin portfolios to monetary advisers and household workplaces, through low-cost and extremely environment friendly managed accounts. What was as soon as the area of institutional buyers, Briefcase’s proprietary portfolio building expertise is making these superior methods accessible to retail purchasers for the primary time.
Josh Persky, Founder and CEO of Briefcase, stated the modern SMA mannequin portfolios are designed to fulfill the rising demand from advisers in search of entry to institutional-grade funding administration experience that was beforehand out of attain for his or her retail purchasers.
“We’re extraordinarily happy to be partnering with Praemium to fulfill intensive demand for our extremely environment friendly, low-cost, and clear portfolios which can be unconstrained by alignment with any funding managers or ETF issuers, focusing totally on delivering higher outcomes for buyers,” Persky stated.
“These new multi-asset portfolios, obtainable to retail buyers for the primary time, are designed to accommodate a variety of investor danger profiles. They supply flexibility and precision in funding administration, making certain that each investor can entry refined portfolios aligned with attaining their particular person targets.”
Damian Cilmi, Head of Funding Managers and Governance at Praemium, stated, “We’re delighted that Briefcase is launching their first SMAs on the Praemium platform. Our purpose is to supply advisers and their purchasers with the broadest alternative of high-quality funding options, and we’re happy to have the ability to provide these portfolios through our Tremendous, SMA and Spectrum merchandise.”
Through the use of low-cost, clear, liquid ETFs from main issuers, Briefcase’s institutional-grade experience and scalable expertise builds diversified portfolios whereas minimising turnover and related prices, enhancing tax effectivity for buyers.
The Briefcase crew has managed greater than $50 billion at companies like BlackRock, BT, and Russell Investments.
