FundQuest adds alternatives to SMA platform

FundQuest Inc. of Boston has expanded the offerings on its managed-accounts platform to include select alternative strategies.
JUL 22, 2009
FundQuest Inc. of Boston has expanded the offerings on its managed-accounts platform to include select alternative strategies. FundQuest is now providing access to hedge-style mutual funds, commodities and international bonds, in addition to traditional stocks and bonds. “Our research indicated that the market correction has provided an opportune time to add these three asset classes,” Tim Clift, FundQuest’s chief investment officer, said in a statement. “In particular, we see good valuations, increased portfolio diversification, and a means to add a hedge against future inflation and a weaker dollar,” he added. The hedge-style mutual funds are less correlated to long-only stocks and many bond indexes, and the addition of international bonds from developed markets makes sense as an alternative to domestic bonds, FundQuest said in the statement. In FundQuest’s model-based portfolios, about 10% of the assets are being allocated to the alternative classes. For adviser-directed portfolios, the allocation is more flexible, depending on how well the strategy suits each client.

Latest News

Schwab bumps up fee for RIAs using its referral service
Schwab bumps up fee for RIAs using its referral service

Schwab's referral program has not changed its fees in almost 20 years.

Trump demands lower interest rates as Powell goes to Hill
Trump demands lower interest rates as Powell goes to Hill

The president's call for monetary policy easing marks a shift from earlier remarks calling the Fed's January hold "the right thing to do."

Advisors react to Trump 2.0
Advisors react to Trump 2.0

The president may be the same as he was before, but circumstances are different this time around – and there are some lessons from the first term, advisors said.

The war on DEI
The war on DEI

Financial services companies are being targeted for potential legal action over their programs and initiatives on diversity, equity, and inclusion. It could be just the beginning.

Advisors weigh reputational risks, regulatory shifts in digital asset adoption
Advisors weigh reputational risks, regulatory shifts in digital asset adoption

Client sentiment and the regulatory climate may be getting sunnier, but fiduciary concerns are still holding three-fifths of surveyed advisors back from embracing crypto investments.

SPONSORED Taylor Matthews on what's behind Farther's rapid growth

From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.

SPONSORED Why wealth advisors should care about the future of federal tax policy

Blue Vault features expert strategies to harness for maximum client advantage.