WisdomTree and PIMCO collaborate to include PIMCO's fixed income ETFs within three of WisdomTree's model portfolios. The collaboration is in response to high demand from financial advisers for model portfolios created by asset managers.
Developing and analysing numerous portfolios is very time consuming for an adviser. Other priorities for them include regularly building and maintaining relationships with clients. The model portfolios vary in risk exposure, meaning the adviser can select the portfolio best suited for the client's risk preference.
The model portfolio's risk exposure ranges from "conservative" to "aggressive", giving advisers a wide selection to pick from. WisdomTree says the models combine the "out-performance potential of active management with the benefits of the ETF structure".
Tom Skrobe, Head of Client Solutions at WisdomTree, said: "We're thrilled to collaborate with PIMCO, a leader in fixed income investing, to provide advisers with best-in-class model portfolios. WisdomTree is focused on developing solutions that align with adviser preferences - for instance, we know advisers typically prefer to use investment products from multiple managers and, as a result, we've prioritised taking an open architecture approach when it comes to our models."
The ETF model portfolios are available to advisers through the Model Market Centre and AdvisorEngine.
