Towers Watson trumpets Smart Beta solutions
Towers Watson has trumpeted its so-called Smart Beta solutions, claiming the company's institutional investment clients have allocated over $15 billion to the products in the past five years.
Towers Watson global head of investment research Craig Baker said that over the past half decade the company had partnered with many different asset managers to develop 20 Smart Beta solutions in areas where there were good investment ideas, but no desirable investment products on a net-of-fees basis.
"We are entirely focused on providing our clients the best net-of-fees investment propositions, regardless of whether they are large or small or investing actively or passively," he claimed.
Baker said the Smart Beta solutions had wide applications for most of Towers Watson's clients, which was why the company had worked with many different asset managers.
"Smart Beta is about trying to identify good investment ideas that can be structured better, whether that is improving existing beta opportunities or creating exposures or themes that are implementable in a low cost, systematic way," he said.
"It is not a substitute for good active management, but it allows resources to be focused on active management in areas where one can't systematise exposures."
AUTHOR
Staff Writer
Recommended for you
Following an extraordinary general meeting today, Dixon Advisory parent company E&P Financial Group’s shareholders have voted on its proposed delisting from the ASX.
While overall financial adviser numbers have dipped below 15,500 this week, Rhombus Advisory is experiencing growth and approaching 500 advisers in its ranks.
Iress’ Xplan continues to dominate the financial planning software market with a multitude of uses, according to Netwealth research, despite newer players battling for a piece of the pie.
ASIC has shared the percentage of breach reports related to financial advice in FY24, noting increased reporting by smaller AFSLs.
