TPAS is Lonsec Investment Solutions’ collaboration with BlackRock Australia to deliver next generation managed account solutions to advisers, to meet the needs of the evolving Australian wealth market. Advisers can now draw on Lonsec Investment Solutions’ leading investment manager selection insights, as well as BlackRock’s multi-asset investment team’s expertise and governance oversight capability, powered by its proprietary technology Aladdin™, to deliver portfolio customisation at scale.
TPAS portfolios are available on the North platform (North Blend LB Portfolios) or through licensee Akumin (LAB Managed Portfolios).
Making tailored portfolios available to more practices
Until now, practices needed to commit $200m to be eligible for a bespoke managed account solution. Thanks to the first-in-market technology backing our TPAS solution, practices can create a tailored range for as little as $50m committed FUM.
Global expertise combined with local experts
TPAS portfolios are backed by Lonsec Investment Solutions’ 20+ years’ experience in manager selection and tailored portfolio consulting to Australian advisers, combined with BlackRock’s 30+ years’ experience in multi-asset investing and world class technology platform, Aladdin.
Used by many of the world’s largest institutional investors, Aladdin™ – BlackRock’s proprietary risk management platform – helps TPAS’ portfolio managers identify risks and opportunities to build more resilient portfolios for advisers and their clients. It is currently used by 78,000 investment professionals globally, analyses 3000 risk factors daily and performs 5000 portfolio stress tests every week.
Tailored solution flexibility with managed account efficiencies
TPAS’ customisation technology allows advisers to substitute in their preferred funds – based on CGT considerations, fee budget or investment philosophy – within a tailored portfolio range, while enjoying the efficiencies of an outsourced, off-the-shelf managed account solution. This gives advisers more time to work on their business or growing their client base.