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SMAs

Latest Headlines

Latest Headlines

Standards coming to UMAs

Unified managed accounts now account for just 6 percent of the overall separately managed accounts (SMAs) market, but it surely ranks as one of the fastest growing niches. In some ways, it's

Wither separately managed accounts, long live unified managed accounts

Separately managed accounts (SMAs) seemed so revolutionary not too long ago. They were supremely marketable, with the tax lot advantages, and garnered a lot of assets. But they are no longer hailed as the next big thing. In fact, they are in the doldrums. Traditional SMAs grew 6 percent from m

The triumph of UMAs

Are UMAs the next SMAs? It certainly seems like it. Not too long ago, advisors were high on separately managed accounts as the ideal vehicle for high-net-worth customers. But the technology (and the

Long-short funds really delivering?

The conventional wisdom at the moment is that long-short funds are in heavy demand. According to Morningstar, about 90 money management firms offer more than 200 products applying a 130/30 or 130/30-like approach to a host of products, hedge funds, mutual funds, SMAs, exchange traded funds and oth