Private Portfolio Managers has launched the first of its many separately managed account (SMAs) strategies via the Powerwrap platform.
PPM also introduced its Australian equities independent managed account (IMA) portfolio via Powerwrap’s non-super and super platform, building on the relationship between PPM and a handful of Powerwrap advisers.
Powerwrap head of distribution Richard Carr said the company was pleased that PPM had chosen their firm’s platform to launch its SMA.
“The addition of PPM to our Smartwrap offering is in line with our focus on delivering the widest range of investment choices to our clients. We are confident that advisers will welcome the addition of PPM SMAs,” he said.
PPM has also built concentrated share portfolios within an IMA structure.