Macrovue global share SMAs available via Praemium
Macrovue has announced that the first three of its 22 thematic global share portfolios would be available as separately managed accounts (SMAs) via platform provider Praemium.
The investment manager said the SMAs would be available for an investment management fee of 80 basis points, with no performance fees attached.
“Thematic portfolios are becoming more and more important for advisers to consider when thinking about a client’s overall portfolio,” the manager said.
“Having the Macrovue thematic global share portfolios available for advisers delivers leading investment solutions and global diversification for advisers managing clients’ investments.”
Macrovue said its portfolio construction process combines a proprietary quantitative model with bottom-up fundamental research to select a concentrated portfolio of 10 stocks that meet the objectives of the theme.
The Macrovue global thematic portfolios that have been added to the Praemium platform include: the Macrovue Car of the Future Concentrated Equity SMA; the Macrovue Disruptive Technologies Concentrated Equity SMA; and the Macrovue International Equity Income Concentrated SMA.
The trend towards SMAs does not seem to be disappearing, and Money Management is currently investigating the drivers and beneficiaries from this growth. Advisers who complete our survey will be in the running to win a bottle of Penfolds Grange Hermitage.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
