Bringing you live news and features since 2006 

PortfolioMetrix launches seven new funds on Prescient platform

RELATED TOPICS​

PortfolioMetrix Asset Management has selected Prescient Fund Services (Ireland) Limited as the UCITS Management Company and Fund Administrator for seven new funds.

The funds are three risk-profiled multi-asset, multi-managed portfolios optimised in euro, three for the Swedish market specifically and a global diversified fund.


 
Established in 2010, PortfolioMetrix has identified what it says is a clear opportunity for a much closer integration of the worlds of the adviser and investment manager, understanding that technology would be a key enabler.
 
PortfolioMetrix has offices in London, Dublin, Johannesburg, Cape Town and, most recently, Stockholm. Expanding further into Europe is central to the firm’s growth strategy.
 
Peter Oscarson, head of PortfolioMetrix distribution for Sweden says: “What impressed me when first introduced to PortfolioMetrix was their eagerness to understand our market and willingness to adapt to our specific needs.”


 
PortfolioMetrix CEO Brandon Zietsman, says: “Our partnership with Prescient to provide tailor made UCITS funds for Swedish advisers is pivotal to our strategy. The euro-optimised UCITS funds will be rolled out in other key locations across Europe in 2019.”


 
Instead of the typical broad-based distribution strategy favoured by most investment managers, PortfolioMetrix has instead favoured fewer, more meaningful relationships with progressive IFA firms, which is fuelling the rapid growth in assets under management.


 
PortfolioMetrix has invested heavily in a proprietary technology called WealthExplorer, providing advice and efficiency tools to advisers that underpin their investment offering.


 
Rob Childs, Head of International at Prescient Fund Services Ireland, adds: “We have been impressed by the achievements of the PortfolioMetrix team and are proud to be supporting their European growth strategy. We believe that Prescient’s platform model will enable PortfolioMetrix to scale in a cost-effective and operationally robust manner.”


Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by