Shaw and Partners today launched two Separately Managed Accounts (SMAs) giving their clients greater choice, transparency and increased control over their investments.

The SMAs are being offered through a partnership with Praemium and give Shaw and Partners’ clients access to an extensive, professionally managed portfolio of investments over which they retain beneficial ownership.

Shaw and Partners Head of Private Wealth, Earl Evans, said a desire to offer a holistic suite of products and services to Shaw and Partners’ clients had been the driver behind this decision.

“The ability of our clients to have full transparency over their investments and their tax position, with a fully automated reporting function is a major attraction for these products,” Mr Evans said.

At the click of a button clients will be able to see the details associated with their investments; including daily valuations, cash account transactions, security purchases and sales, dividend details, brokerage paid and any associated fees and other charges.

At the time of writing, Shaw and Partners launched two separate investment options with the rollout of their SMA platform. The first actively managed portfolio consists of Australian Equities and is benchmarked against the S&P/ASX 100 Accumulation Index. It is geared towards investors with a moderate risk appetite, looking to invest over a medium to long term horizon.

The second model portfolio amalgamates ASX listed debt and preference securities; suitable for investors with a conservative investment strategy, seeking surety around income stream. The Hybrid Income portfolio is benchmarked against the RBA cash rate + 3% (inclusive of franking credits).

“We are cognisant of our clients’ differing appetites for risk. Accordingly, we are continuing to build on our offering of SMA growth option portfolios,” Mr Evans said.

The two SMA products build on the $1.5 billion of assets that Shaw and Partners already hold on the Praemium platform, a percentage of the $10 billion in funds under management that Shaw and Partners is managing for its clients.

“SMAs allow our advisers to deliver portfolio management to their clients in a more efficient way and at a lower cost than the traditional broking model.”

“Providing an holistic and comprehensive client experience is Shaw and Partners’ primary aim and we will continue to partner with strong and reputable firms to ensure we continue to meet our clients’ and our advisers’ needs.”

For more information about the SMAs please click here