Financial Planning
Multi-asset SMA launches

A new managed accounts provider has launched a private label, multi-asset separately managed account.

Sydney-based investment research and managed accounts firm, Resonant Asset Management, has made the SMA available to financial advisers and dealer groups via its partnership with Netwealth.

The multi-asset SMA has direct shares capabilities, investing in both global and Aussie equities.

Resonant was founded in 2017 by directors and co-portfolio managers Nick Morton and Glen Holder.

It recently acquired its own AFSL and is proud to be self-licensed, the founders said.

The managers use a 'quantamental' approach, a blend of quantitative and fundamental investing.

Morton said this means the portfolio is better placed to perform in different market environments.

"We believe fervently in the benefits that active management and research can bring to investment portfolio returns but acknowledge that cost plays a major part in the attractiveness of any particular solution," he said.

Holder commented that the challenges advisers face in a post-Royal Commission world mean that any proposed solution must compete on both cost and performance. "Resonant's multi-asset SMAs do just that," he said.

Prior to Resonant, Morton was a senior quantitative analyst at Colonial First State Global Asset Management and held senior roles at MSCI and Citi.

Holder was a director and chief investment officer at family office Libero capital, and prior to that worked at Citi.

Read more: Resonant Asset ManagementNick MortonColonial First State Global Asset ManagementCommissionGlen HolderNetwealth
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