Multi-Style Portfolios Will Drive Separately Managed Accounts Growth, Predicts Aite Group

Aite Group says multi style portfolios (MSPs) and unified managed accounts (UMAs) will become the growth products for the separately managed account (SMA) industry. Their combined market share is expected to grow from 13% of total SMA assets to 35%

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Aite Group says multi-style portfolios (MSPs) and unified managed accounts (UMAs) will become the growth products for the separately managed account (SMA) industry. Their combined market share is expected to grow from 13% of total SMA assets to 35% by 2011.

The report includes an overview of today’s separately managed account market, discusses the industry shift towards MSPs and UMAs, and provides growth drivers and market projections for these products.

“Firms that manage to place their MSP or UMA product at the core of a larger wealth management strategy will be well positioned to target the huge group of retiring baby boomers who are rolling over their retirement savings,” says Alois Pirker, Senior Analyst at Aite Group and author of the report.

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