Milestone Launches Institutional Asset Allocation Platform in APAC

Asset allocators in Australia and elsewhere in the region will be able to access customized asset allocation models, discretionary and algorithmic portfolio implementation, and streamlined investment operations.

Milestone’s asset allocation capabilities address the investment modeling and execution process needs of institutional asset allocators. Institutional fund of fund investors in APAC can use the multi-asset class capabilities via the cloud based managed service.

According to a recent survey conducted by Milestone, 82% of the 47 institutional investors that were surveyed during Q3 2020 confirmed that fund of fund investment strategies are becoming more complex to manage.

Geoff Hodge, Executive Chairman of Milestone Group, said: “We have developed and refined these capabilities in partnership with some of the world’s leading asset allocators. Globally, we are focused on being a specialist provider to asset owners, managers and asset servicers, delivering digital solutions that change what is possible, and often, how organizations think about what they can achieve with modern technology in a changing world.”

Marian Azer, Milestone Group’s Managing Director for APAC, commented: “Within Asia Pacific, portfolio management technology is being driven by what’s becoming an insourcing trend among top Superannuation and Pension funds. There is a growing demand from Australian superannuation funds, of all sizes and complexities, for an enterprise-based technology to manage daily asset allocation parameters and to be able to effectively model, monitor, and transact in near real-time.

“Most solutions cannot fully support the increasingly complex product and multi-portfolio fund of fund structure and complex product-led asset allocation decision-making activities – from modeling, pre-trade compliance, cash forecasting, to execution. We know APAC asset allocators face continued return and cost pressure, highlighting the importance of driving investment returns by being able to deploy effective real-time dynamic asset allocation decision making. This solution enables them to do just that.”