Multiport and E.I.M. Capital Managers combine for Managed Account Solution

Multiport has expanded its presence in the managed account space launching a discretionary account service for boutique fund manager E.I.M Capital Managers.

In launching the new service, E.I.M. Capital Managers director, John Robertson, said that “E.I.M Capital Managers has offered a managed fund to investors for many years but we have had increasing demand from advisers for a managed account solution. Advisers and their clients want the unique tax structure that a managed account offers and they also like the transparency of the managed account”.

E.I.M. Capital Managers specialises in resource sector portfolio construction for retail, institutional and corporate investors seeking a direct exposure to the resources industry.

John McIlroy, CEO of Multiport, who acts as operator of the service, feels that more fund managers will provide a managed account option in the future, particularly to appeal to SMSFs. “Most SMSFs have a healthy amount invested in the Australian share market through direct shares but generally have holdings concentrated on the top 10 or 20 stocks. Using a managed account that specialises in resources allows funds to have direct exposure to resource stocks, including companies with outstanding growth prospects through development of new projects, adding diversification benefits for the fund.. And they get to have more control over their tax outcomes”.

The new service will offer a choice of 4 model portfolios including ASX listed and unlisted investment options. In discussing the decision to partner with Multiport, John Robertson said “Multiport showed us they have the necessary experience and systems to deliver a quality product combined with an outstanding commitment to high client service standards.”

For more information contact John Robertson at E.I.M. Capital Managers on 03 9500 9786 or John McIlroy at Multiport on 02 9230 0177.