BT releases 6 ‘core’ managed portfolios

The six portfolios, CoreSeries, are available on BT Panorama and cater to different risk profiles with no portfolio level investment management fees and a low underlying fee between 50np and 78bps.

The CoreSeries portfolios use retail and institutional investment strategies, providing access and transparency to a range of external managers.

BT head of investment product Rodney Greenhalgh said it was structured to offer transparency, efficiency and a competitive fee structure. 

CoreSeries offers advisers and their retail clients access to a range of high-quality investment managers with several strategies not otherwise available in Australia to retail investors. 

“We have utilised our institutional portfolio construction capabilities and scale to deliver a purpose-built SMA with a range of benefits to our clients and their advisers,” said Mr Greenhalgh.

Over the past 12 months, BT has seen a 121 per cent increase in funds under management due to managed accounts available on BT Panorama. 

In fact, more than 15 per cent of funds under management on BT Panorama is now invested in managed accounts. 

The CoreSeries portfolios is managed by more than 20 of BT’s investment experts to help advisers identify the appropriate managers and strategies. 

According to Investment Trends, 50 per cent of advisers rate support as the most important driver when selecting a platform. 

Mr Greenhalgh said support was a key focus of CoreSeries; the team would help advisers asses and establish appropriate investment solutions as well as provide ongoing support. 

“Adviser support is a key focus of the CoreSeries with access to a dedicated support team of investment specialists as well as comprehensive reporting, research and tools. This includes access to a comprehensive self-service web portal containing regular reporting, commentary and insights,” said Mr Greenhalgh.

Eliot Hastie

Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms. 

Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.

Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).

You can email him on: [email protected]