Real Asset Management SMA via Macquarie Wrap
Sydney-based Real Asset Management has launched two separately managed account (SMA) strategies via the Macquarie Wrap (IDPS and Super).
The firm has added the Diversified Fixed Interest and Credit SMA and the Listed Interest Rate Securities SMA to the wrap.
The firm said both strategies were well positioned to take advantage of growth in the Australian Securities Exchange (ASX)-listed universe of credit securities and exchange traded products such as exchange traded bonds (XTBs) and exchange traded funds (ETFs), which now provided subsector diversification opportunities that were previously unavailable.
Real Asset Management portfolio manager, Michael Frearson, said: “Given the increase in complexity of the structure of ASX-listed bank capital instruments and evolving nature of the listed universe, we believe it makes sense for investors to outsource to proven specialists in this space”.
“Both strategies are predominantly floating rate, short duration credit strategies which we believe are well suited to current macro conditions and market valuation.”
Real Asset Management’s Australian chief executive, Scott Kelly, said 96 per cent of the firm’s discretionary funds under management were defensive, income focused solutions in either cash, fixed interest or property, in line with its conservative client base and its skill set.
“Our goal is to bring institutional style investment strategies to the private client world in a simple and transparent solution,” he said.
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