Why are separately managed accounts growing in popularity with investors?

Cumberland Comment by Patricia Healy - Special to the Herald-Tribune



Excerpt follows:

Cumberland has utilized separately managed accounts (SMAs) to execute its fixed-income strategy since the company’s inception in 1973, long before SMAs were popularized in the early 2000s.

The reasons for managing money in this fashion are the same today as they were then:

· Transparency (You know what you own).

· Flexibility to make strategic changes.

· Ability to manage transaction costs and best execution.

· Active management.

SMAs offer individually catered portfolio management to address clients’ objectives, including tax management, income production, state-specific needs, cash flow-specific needs, and the ability to institute investment restrictions. SMAs differ from pooled vehicles like mutual funds and ETFs in that each portfolio is unique to a single account.

Continued at The Herald-Tribune: https://www.heraldtribune.com/story/business/2023/12/04/patricia-healy-separately-managed-accounts-are-growing-in-popularity/71671806007/



Links to other websites or electronic media controlled or offered by Third-Parties (non-affiliates of Cumberland Advisors) are provided only as a reference and courtesy to our users. Cumberland Advisors has no control over such websites, does not recommend or endorse any opinions, ideas, products, information, or content of such sites, and makes no warranties as to the accuracy, completeness, reliability or suitability of their content. Cumberland Advisors hereby disclaims liability for any information, materials, products or services posted or offered at any of the Third-Party websites. The Third-Party may have a privacy and/or security policy different from that of Cumberland Advisors. Therefore, please refer to the specific privacy and security policies of the Third-Party when accessing their websites.


Sign up for our FREE Cumberland Market Commentaries


Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.




Patricia Healy
Published Date
News Source
Herald Tribune