XTB brings fixed income SMA solution onto Macquarie Wrap
XTB has announced that its fixed income separately managed account (SMA) solution is now available onto Macquarie Wrap, providing financial advisers with access to the portfolio of individual investment-grade senior corporate bonds.
According to XTB’s chief investment officer, Ian Martin, who designed the portfolio, the aim was to provide transparent easy-to-access fixed-income solutions for both financial advisers and individual investors.
XTB’s ‘ACBC Fixed Income No. 1 Model Portfolio’ was first available to financial advisers in February on the Praemium SMA and SuperSMA platforms.
“I developed the model portfolio in direct response to demand from advisers and will continue to work closely with adviser groups to make it more broadly available,” he said.
“I believe the demand for fixed income solutions is growing, in particular for portfolios that derive their returns from individual senior corporate bonds.
“We look forward to announcing additional new SMA model portfolios in the coming months.”
The company also said that the launch of its SMA model portfolio onto Macquarie Wrap coincided with the expansion of the suite of XTBs on the Australian Securities Exchange (ASX).
AUTHOR
Oksana Patron
Recommended for you
Funds managers are being urged by financial advisers to improve their “outdated” education and communication about alternative funds as they actively target them towards retail clients.
GAM Investments has appointed Eric Finnell as its managing director for Australia after his predecessor left to take up the CEO role at Global X.
Fidelity International has looked internally to appoint a head of strategic sales and solutions for its Australian division, which is a newly created role for the business.
Global investment manager Barings has launched two private credit funds for Australian investors as advisers indicate an expectation of increasing allocations to private markets.
