The Bond Buyer: Shifting investor demands spark explosive growth of SMAs

Originally written by Jessica Lerner at The Bond Buyer.

In a recent insightful article from The Bond Buyer, Jessica Lerner explored the explosive growth of separately managed accounts (SMAs) in the municipal market including interviews with industry-leading experts. The sector has seen substantial growth due to higher yields, lower fees, a wave of deeper customization, and crucially, technology improvements. Blake Lynch, our head of sales, highlighted that these advancements are driving a shift towards these investment vehicles that offer significant personalization options and tax advantages.

IMTC is dedicated to reshaping the fixed income SMA industry by simplifying and scaling bond management, enabling unparalleled accuracy, speed, and personalization in the SMA landscape.

”Improved technology has made it easier to streamline communication between managers, sponsors and various custodians. By automating processes such as client requests to the finalization of allocation details, technology has effectively eliminated the manual workflows that previously posed a barrier to entry in the SMA space,” Lynch said.

“The market’s better, the technology is better, and everybody seems to want more personalization,” Lynch said. The firm’s system creates a streamlined workflow that helps “you do it a lot faster,” such as managing hundreds or thousands of SMAs at scale, he said.

Another benefit of an SMA is “because they’re becoming easier to manage operationally, I see a lot of growth in the space,” Lynch said.

Read the full article on The Bond Buyer (subscription required).