Zenith expands managed account footprint

Investment research and portfolio construction specialist Zenith Investment Partners has outlined its expanded managed account offering in-market, including a range of new customised portfolios built for its third-party partners.

Among the new additions include specially developed outsourced portfolio offerings for Adelaide-based professional planning group Finsec Partners.

The customised suite is designed specifically for recently onboarded advice clients.

Andrew Creaser, partner at FinSec, welcomed the addition of Zenith’s portfolio suite to its line-up, noting the firm’s transition to an outsourced model.

“The decision to move to a customised managed account was a significant one for our business,” he said.

“We spent time building confidence in Zenith’s people managing the portfolio, their portfolio construction methodology and their tailored approach, ensuring it aligned with ours.

Creaser praised the transition process as “very straightforward and well supported”.

Zenith has also detailed the July launch of its Essentials portfolios on Insignia’s Expand platform.

The “fee-conscious” portfolio incorporates a range of cost-efficient investment options, including index funds, alongside actively managed funds.

“The Essentials portfolios are designed to achieve their return objectives with lower risk across all markets and time frames, using a combination of active managed funds and lower cost options such as index funds,” said Zenith’s head of portfolio solutions and overseer of the Essentials portfolio Steven Tang.

“Improving accessibility of our off-the-shelf portfolios has been a big driver of the expansion of our platform footprint and our public menu portfolios are now available across 10 platforms, making our range of portfolios widely accessible across major platforms,” he said.

Zenith currently manages $5.3 billion in client assets across both public menu and customised managed account portfolios.