London, England – November 28, 2019 – Algomatic is expanding its offering with packaged retail investment products and will offer actively managed Retail ETIs (Exchange Traded Instruments).
Algomatic offers asset managers and private banks the opportunity to package their investment strategies in retail ETIs and offer them to their clients. Asset managers thus have access to investment vehicles with authorization for public distribution, which are not only much more flexible compared to funds, but also significantly cheaper.
There will be a flat fee solution for the retail investment products: for CHF 18,000 yearly fees Asset Managers can create their ETI using Interactive Brokers as Prime Broker and Custodian.
“Asset managers can use our new packaged retail investment products platform to actively manage the entire spectrum of international equities, ETFs, structured products, derivatives and FOREX through a brokerage account with Interactive Brokers and offer them publicly in one ETI. With the flat fee solution of CHF 18,000 p.a. and assuming € 10m of assets under management, these costs are equal to just 0.165%,” summarizes Algomatic Chief Technology Officer, Mr. Elias Hertz.
In addition to the flat-fee solution, Algomatic will also offer flexible, tailor-made solutions. Using our modular platform, different prime brokers and custodians can be connected.
About Exchange Traded Instruments
Exchange Traded Instruments (ETIs) are legally derivative securities issued under the Prospectus Directive and traded on a stock exchange and often also referred to as “actively managed certificates”. The credit risk of the issuer is secured by pledging the hedge assets in favour of the ETI holders.
Algomatic ETIs repackages actively managed segregated portfolios as underlying. Unlike mutual funds, these innovative investment vehicles are not limited in terms of diversification, asset classes and leverage. Asset managers can thus operate as flexibly as in a hedge fund but nonetheles offer and distribute their ETIs to the public.
All Algomatic ETIs are collateralised and issued in the Swiss clearing system with Swiss ISIN and Swiss paying agent.
TYRUS DATA CENTRE: 110 Bishopsgate, Heron Tower, EC2, London, United Kingdom.
TYRUS SERVES AN AUDIENCE OF MORE THAN 5,000 CLIENTS, WORLDWIDE, ACROSS 4 CONTINENTS.
THROUGH OUR INNOVATIVE APPROACH TO HIGH FREQUENCY TRADING WE HAVE GENERATED WELL ABOVE AVERAGE RETURNS FOR OUR CLIENTS AND WE THRIVE TO CONTINUE TO DEVELOP, EXPAND AND EVOLVE.
Company Name: Algomatic In. Ltd. United Kingdom
Contact Person: Elianna Sutton, Head of TYRUS by Algomatic Press Core
Email: Send Email
Address:Wolsey Court, 1-3, Harben Road
State: London, NW6 4RG
Country: United Kingdom