Envestnet PMC, the portfolio consulting group of Envestnet, has formed a relationship with Singer Partners, an asset management firm specialising in the construction of global dynamic asset allocation portfolios.
The relationship allows PMC to introduce the Dynamic Portfolio Series delivering dynamic portfolio solutions to complement its current set of strategic and tactical asset allocation strategies.
"Our mission at PMC is to help advisers select the best managers, strategies and products for their clients’ portfolios," says Brandon Thomas (pictured), Envestnet’s co-founder and managing director and chief investment officer of PMC. "We are very pleased to work with Singer Partners, whose unique expertise in the area of global asset allocation reflects our commitment to aligning with institutional-quality managers and delivering innovative solutions that meet the demands of a dynamic investment marketplace."
Singer Partners seeks to achieve superior returns for long-term investors through a risk-managed, dynamic asset allocation process that broadly provides exposure to global asset classes, market sectors, currency markets, investment strategy themes and individual securities.
Singer Partners will advise PMC’s Dynamic Portfolio Series using its skills in investing in asset classes, markets, sectors and themes based on identification of discrepancies between fundamental values and market prices in a controlled fashion relative to a target risk level.
The Dynamic Portfolio Series includes the PMC Select Portfolios, a family of asset allocation wrap funds targeted to specific investment objectives, and the new PMC/Singer Partners Dynamic ETF Portfolios.
"PMC’s integrated approach to portfolio construction strongly complements our time-tested investment philosophy at Singer Partners," says Brian Singer, chief investment officer of singer partners. "We are excited to provide PMC clients with our dynamic, global asset allocation strategy."