iFAST partners BlackRock and JPMorgan to drive discretionary portfolio adoption among wealth advisers

iFAST Financial Singapore (iFAST), a wholly-owned subsidiary of iFAST Corporation, announced an expansion to its Discretionary Portfolio Management Solutions (DPMS) lineup with the launch of new portfolios advised by BlackRock and JP Morgan Asset Management (JPMorgan) respectively.

This collaboration underscores iFAST's commitment to its business-to-business (B2B) partners by empowering wealth advisers and their clients with professionally managed investment solutions that enhance time efficiency, portfolio quality, and choice. Aligned with iFAST's vision of broadening access to high-quality, professionally managed portfolios through financial advisers, both BlackRock and JPMorgan bring distinct strengths that further enrich the range of discretionary solutions available on the B2B platform.

"By partnering with two of the world's largest fund managers, our objective is to make discretionary investment solutions accessible to advisers and the wider public. This empowers advisers to redirect time saved toward what truly matters: building deeper, more meaningful client relationships. Through DPMS, clients also gain the advantage of continuous portfolio monitoring, timely rebalancing, and access to institutional-level expertise that strengthens their long-term financial journey," said Vincent Tong, CEO of iFAST Financial Singapore.

Partner perspectives

JPMorgan's discretionary portfolio leverages its growing range of active ETFs, giving investors access to active management at a lower cost.

"We are excited to bring JP Morgan's model portfolios to the iFAST platform. We observe a growing appetite for actively managed exchnage traded funds (ETFs), as investors seek cost efficiency without compromising on active insights and proven alpha. As a leading global asset manager and a long-term advocate for active investing, our goal is to deliver the strength of our active ETF platform and asset allocation investment capabilities to investors in Singapore. Through this partnership, iFAST clients can have access to a range of core portfolios designed to provide diversification and consistent investment outcomes over the long-term," said Yuejue Jin, co-head of multi-asset solutions Asia, JP Morgan Asset Management.

The DPMS portfolios powered by BlackRock offer a blended approach that integrates the strengths of active funds and passive ETFs, and incorporate liquid alternatives to help diversify portfolios during periods of heightened market volatility.

"We are excited to collaborate with iFAST to bring together BlackRock's global investment platform and expertise, the insights of our dedicated teams, and Aladdin's risk management capabilities to support advisers and investors in Singapore. BlackRock has the privilege of managing over $256 billion in model portfolios for clients around the world. Leveraging our experience managing model portfolios worldwide, we design holistic solutions aimed at diversification and long-term resilience. Active strategies and ETFs both have a role to play – each offers distinct merits. Active strategies can potentially contribute additional alpha, while ETFs provide a cost-efficient option to gain market exposure. We also see growing demand for liquid alternatives as a diversifier. Through a thoughtful blend of asset classes, we seek to help investors navigate market volatility and pursue their long-term goals," said Dennis Quah, managing director, head of Singapore wealth, BlackRock.

Empowering advisers, enhancing client experience

The addition of DPMS portfolios designed in collaboration with BlackRock and JPMorgan gives wealth advisers greater choice and flexibility to align client portfolios with specific goals and risk profiles, while clients enjoy a seamless and professionally managed investing experience. One key pain point the DPMS portfolios removes is the heavy administrative workload that often consumes valuable time for both wealth advisers and their clients. With DPMS portfolios in place, conversations shift away from paperwork and focus on what truly matters: thoughtful portfolio construction and holistic financial planning.

Beyond portfolio management, both partners provide investment insights and adviser training, enhancing iFAST's adviser enablement ecosystem with exclusive content, courses and events.

Since 2016, iFAST has made discretionary solutions accessible to investors through financial advisers. With nearly 10 years of experience and its own suite of solutions, the platform now partners with six portfolio managers to offer exclusive discretionary portfolios. iFAST remains committed to helping advisers bring institutional expertise closer to their clients, empowering them to invest confidently and achieve their long-term goals.

Re-disseminated by Wealth and Society