Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Optimal Asset Management rolls out direct indexing services through Factor Allocator platform

Wednesday, August 22, 2018

Laxman Pai, Opalesque Asia:

Optimal Asset Management has launched a direct indexing service for institutional investors and investment advisors. The indices available for direct indexing are S&P Dow Jones Indices' flagship S&P 500, S&P MidCap 400, S&P SmallCap 600 and select factor indices.

The asset management and financial technology firm headquartered in Los Altos said in a press release that since launching in 2012, Optimal Asset Management has emerged as a leader in the democratization of investment technology and practice.

Adding direct indexing services through Factor Allocator, a comprehensive platform which was introduced in 2017, is Optimal Asset Management's latest phase in delivering institutional grade solutions to pension funds, family offices and investment advisors to whom such solutions were previously out of reach.

The press release quoted Vijay Vaidyanathan, Chief Executive Officer at Optimal Asset Management saying that Factor Allocator now packages the tax efficiency and customization offered by direct stock ownership in separately-managed client accounts, with unparalleled ease of use for the benefit of a broader universe of market participants.

Direct indexing is a modern, breakthrough approach to index investing. Instead of ownership through a pooled intermediary, the investor directly holds the exact proportion of underlying securities that make up the index, using fractional shares as needed.

"The availability of S&P ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1