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
Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350.
ASIC’s enforcement action is having an active start to the new financial year, banning a former Queensland financial adviser for 10 years in relation to fees for no service conduct.
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay.
Australian licensees are expected to make greater use of custom model portfolios for their clients, according to State Street Investment Management, following in the footsteps of US peers.
