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
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
