Product Spotlight: What's driving the rise of managed accounts

Macquarie tells ifa what is behind the increased interest in managed accounts as the COVID-19 pandemic accelerates demand for agile and transparent investment solutions. Clients' needs and risk appetites have changed, sometimes overnight, following the crisis, so being able to respond and execute immediately on portfolio changes is key for advisers in a volatile investment market. Managed accounts can also elevate and democratise the advice process by broadening clients' access to new investment solutions and managers, and help advisers better comply with their best interest duty obligations.