Products October 7, 2009

J.P. Morgan B/D Offers FundQuest Managed Account Platform

Financial advisers who custody with J.P. Morgan will now have access to a new managed account platform from FundQuest Incorporated.

Reported by

FundQuest announced that the program, Advisor Gateway, will be offered by J.P. Morgan’s Broker Dealer Services business.

The managed account offerings on the platform include unified managed accounts (UMAs), mutual fund portfolios, income portfolios, and separately managed accounts (SMAs).

Advisor Gateway also provides access to FundQuest’s technology, reporting, portfolio modeling, fund selection, and rebalancing, according to the firm. Other services include due diligence; training; back-office services; wholesaling support; and access to Advisor Choice, an adviser/client constructed portfolio with various asset types utilizing FundQuest tools, including asset allocation and performance reporting.




Products October 7, 2009

Grail Adds Fixed Income to Actively Managed ETFs

Grail Advisors has registered two new actively managed fixed-income exchange-traded funds (ETFs): Grail McDonnell Intermediate Municipal Bond ETF and Grail McDonnell Core Taxable Bond ETF.

Reported by

McDonnell Investment Management, LLC (McDonnell), a Chicago-based fixed-income specialist, will serve as the sub-adviser to both of the funds, Grail announced.

Grail Advisors rolled out an actively-managed equity ETF in May, designed to incorporate a traditional investment management approach and a multi-manager format into an active ETF structure (see “Grail Advisors To Launch Two Actively Managed ETFs”), the fund manager said.

Grail said the new offerings will “combine all the benefits of an ETF structure—lower costs, tax efficiency, transparency of holdings, and intra-day trading—with actively-managed strategies from a veteran fixed-income management team.”







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