Managed-account platforms serve the needs of investors who want to create their own fund-of-funds portfolio, and also act as a distribution mechanism for fund managers to connect to advisors and their customers.
“Managed-account platform provide services both to investors and to managers,” David Young, president of Gemini Alternative Funds, told Markets Media. “From an investor’s perspective, they provide liquidity, transparency, reporting metrics, cash efficiency. From a manager’s perspective, they provide an operational hub and help the manager in distribution.”
Investment advisors can receive a flow of information to be able to track their customers’ investments. “They receive that on a daily basis, in regards to what’s happening with your investment, the performance and exposure that you have as an end investor,” said Young. “In addition, investors can come directly to the platform itself, and gain access to the underlying strategies as long as they are qualified investors.” To read the entire article please click here.