OneVue has revamped its separately managed account (SMA) offering by adding two fund managers, new mandates and a personal investment portfolio.
OneVue’s Managed Account PDS now includes new managers Ascalon Capital Managers and Beulah Capital, as well as new mandates from Above The Index (ATI) Asset Management.
The SMA can also be integrated into OneVue’s unified managed account (UMA) to enable Australian investors to access a single investment service offering portfolio administration and consolidated reporting for assets and liabilities on a tax entity basis.
OneVue head of sales Brett Marsh said UMAs are the next step in the evolution of SMAs.
“Advisers to clients using a OneVue UMA will be able to see the true status of an entire portfolio at any point in time – which will translate into less paperwork and more accurate reporting,” he said.
Marsh said the UMA also integrated easily into adviser desktop software.
“Being able to incorporate all of a client’s assets under one umbrella means assets can be properly and systematically rebalanced in line with an asset allocation which has been specifically tailored to the individual client,” he said.
“This means the client’s entire portfolio is always invested in line with their risk profile.”
The OneVue Managed Account – previously known as ShareInvest – was one of the few funds to receive positive fund inflows during the volatility of the 2008/09 financial year, Marsh said.
