XTB brings fixed income SMA solution onto Macquarie Wrap

XTB/Macquarie-Wrap/SMA/

27 June 2017
| By Oksana Patron |
image
image
expand image

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).

 

 

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND