Alternative investment platform iCapital has launched its first model portfolio. Called the iCapital Multi-Asset Portfolio, it will allow financial advisers to invest in private capital, private loans AND real assets through five funds operated by alternative asset managers, including Blue Owl Capital and Nuveen.
iCapital expects to launch more model portfolio options on its platform in the coming months.
“We are excited to introduce the iCapital Model Portfolio, a quantitative approach that makes it easier for wealth managers to incorporate alternative investments into their clients' portfolios,” said Lawrence Calcano, iCapital chairman and CEO, in a statement. “As demand grows, iCapital will continue to work with a wide range of leading alternative asset managers to design and curate additional results-based models that address other common goals for portfolio allocation strategies.”
iMAP is designed to balance income and growth strategies through private markets investments, focusing on reducing the volatility and drawdowns associated with traditional asset classes. The portfolio will include due diligence functions, manager selection, portfolio construction and ongoing investment monitoring. Financial advisors will be able to use iCapital's Architect portfolio building tools to analyze how alternative investment options will impact their clients' portfolios.
Providing advisors access to model portfolios and private market investment options is an area of increased focus for fintech platforms. In March, Yieldstreet PARTNERS with investment research specialist Wilshire Advisors to expand its clients' access to private market investment strategies.