Tyndall announces EPiC changes
Phil Galagher
Tyndall has revamped its portfolio blending tool, the Efficient Portfolio Constructor (EPiC), in a bid to help advisers create more dynamic investment portfolios.
The free web-based system can be used by advisers in optimising portfolios of managed funds as both a stand-alone tool for analysis, or during planning meetings with clients.
EPiC was built for Tyndall by InvestorWeb, which maintains the system and regularly updates the stored fund data.
Philip Galagher, Tyndall’s head of marketing and sales, explained that the product combines a number of methodologies to create a scientifically weighted collection of managed funds, based on historical performance.
“It is particularly useful in blending portfolios of funds within a single asset class, such as Australian shares,” he said.
Enhancements have been added to the original EPiC system, which is available to advisers via the ‘adviser connect’ link on the Tyndall website.
Changes include a streamlined filtering process, which means advisers are now able to set their own parameters enabling them to search by fund size, cost, ratings, asset class and other conditions.
It now allows longer timeframes, whereas it was previously limited to five years of data on any given fund.
Advisers can specify specific months in order to search between exact date ranges.
It also enables individual fund performances to be charted against benchmarks, shows fund correlations and has cut-and-paste functionality.
The system can be used to obtain detailed information about fund performance, and create portfolios from a range of funds that are optimised for standard industry metrics such as risk-return and information ratio.
Statistics about selected funds and the overall portfolio, and to ascertain asset allocations created by blending funds across different asset classes, can also be obtained.
Recommended for you
ASIC has banned a former AFSL director after he failed to adequately address fees-for-no-service conduct by one of his firm’s representatives.
The Financial Advice Association Australia has appointed two new board members following two weeks of voting, as well as one re-elected member.
Advice licensee Bombora has introduced a board of six financial advisers from its national network to ensure industry voices are heard collectively on future decisions.
Technology firm Iress and investment manager Challenger have formed a strategic partnership to launch an adviser solution to better serve their retiring clients.
