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Market Trends in Separately Managed Accounts 2006: Multi-Style Portfolios and Unified Managed Accounts

Market Trends in Separately Managed Accounts 2006: Multi-Style Portfolios and Unified Managed Accounts

After a few years into their existence, multi-style portfolios and unified managed accounts have finally started to gain traction. Aite Group expects these products to cross the US$500 billion mark in assets by 2011, which will represent a combined 35% of

Boston, MA, August 31, 2006 – According to a new report, Aite Group expects multi-style portfolios (MSPs) and unified managed accounts (UMAs) to become the growth products for the separately managed account (SMA) industry. Their combined market share is expected to grow from 13% of total SMA assets to 35% by 2011. These products represent a great opportunity for firms outside the currently dominant group of wirehouses to conquer a larger share of the SMA pie.

This report includes a market overview of today's separately managed account market, discusses the industry shift towards MSPs and UMAs, and provides growth drivers and market projections for these products. The report also outlines implementation and outsourcing strategies for MSP and UMA platforms, analyzes the economics, and forecasts the total spending for these platforms.

According to Alois Pirker, Senior Analyst at Aite Group and author of the report, "Firms that manage to place their MSP or UMA product at the core of a larger wealth management strategy will be well positioned to target the huge group of retiring baby boomers who are rolling over their retirement savings."

This 29-page Impact Report contains 9 figures and 3 tables. Clients of Aite Group's Wealth Management Service and Retail Banking Service can download the report