Morningstar’s SMAs added to CFS Edge

Oksana Patron

6 December 2023

Six diversified managed account options and all-growth portfolios from Morningstar will be now available on Colonial First State (CFS) Edge wealth management platform.

As part of its effort to become ‘the go-to platform for financial advisers’ looking for professionally managed portfolios, CFS Edge will now offer access to Morningstar’s Medallist managed account series, including Conservative, Moderate, Balanced, Growth and High Growth, among others.

Morningstar will join other managed account providers who have recently partnered with CFS Edge, with the full list already including Atchison, Drummond, Infinity Asset Management and Russell Investments.

“Our SMAs [separately managed accounts] not only bring together a diversified portfolio of investment opportunities into portfolios that are a proven outperformers but also add efficiencies to an adviser’s practice, with a multi-asset solution that integrates seamlessly with an adviser’s business,” Matt Wacher, Chief Investment Officer, Asia Pacific, Morningstar, said.

CFS Edge has been designed, in collaboration with FNZ, as a wealth management platform “with managed accounts at its core” and offers advanced modelling tools to enhance deeper analysis through  greater customisation and granularity in the comparisons and portfolio analysis.

It also offers real-time two-way integration with financial planning software including Iress, Xplan and AdviserLogic.