The two separately managed accounts (SMA) portfolios aim to deliver either equity-linked growth or coupon income through structured notes incorporating defined downside buffers and barriers.
Alphastar Capital Management, a registered investment adviser managing approximately US$3 billion in assets, has launched two structured notes SMA strategies, with Sage Advisory Services acting as sub-adviser and Barnabas Capital providing support. The SMAs gives advisers access to structured notes through professionally managed portfolios An SMA is a bespoke portfolio run for a single investor, unlike a mutual fund where assets are pooled across many investors. The SMAs gives advisers acce