In January, portfolio management and trading platform Vestmark announced the launch of six index-based SMA strategies, a first step toward a fully personalizable direct indexing investment platform. The company launched that direct investment platform Tuesday, as just one component of its new outsourced portfolio management service, called VAST. Neil Bathon, founder and partner at FUSE Research, said the direct indexing space is very crowded; almost anyone can do the tax optimization part. But it still must honor the client’s portfolio allocation goals.
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Article published on April 18, 2023