Read The Full Article On UMA Programs Draw Record Flows in Q4
FundFire, part of Money-Media, a Financial Times Company, is a news service for professionals in the institutional and high-net-worth asset management industry. Daily news stories and online resources provide intelligence on SMAs*, alternative investments, high-net-worth investors, pensions, foundations, endowments, and more. Articles provided by FundFire are based on relative industry topics. For the purposes of this article and our ranking, data have been collected from the Money Management Institute (MMI), which is a voice for the global financial services organizations that provides advice and professionally-managed solutions to individual and institutional investors. For further information on MMI please visit www.mminst.org.Anchor Capital did not provide data to FundFire or MMI to be included in this assessment and receipt of this designation is no way indicative of any individual client or investor’s experience with the Company or of any client, investor or fund’s future performance. Anchor Capital is not affiliated FundFire in any way.
*Traditional SMA Program: A single account that corresponds to a single investment strategy. To hold multiple strategies, a client must open multiple accounts. These programs include all the attributes of “managed investment solutions” such as client profiling, fee-based pricing and research. Includes SMA dual contract programs. Unified Managed Account Platform (UMA): A single account that houses multiple investment products such as SMAs, mutual funds and ETFs. The account leverages a platform that provides the ability to manage an investor’s portfolio in a comprehensive fashion.