Beaumont strategies added to HedgeCoVest and SMArt Xchange
Beaumont Capital Management (BCM), a provider of tactical, ETF-based investment solutions, has made its strategies available through HedgeCoVest, a unified managed accounts platform, and SMArt Xchange, an alliance partnership between HedgeCoVest and SS&C Advent.
The sub-advisory relationship with HedgeCoVest will offer investment advisors access to BCM’s defensive-oriented growth strategies through www.hedgecovest.com or through www.smartx.us for Advent clients.
“BCM is pleased that our tactical investment strategies have been selected as one of the first of their kind offered on HedgeCoVest’s growing platform,” says Bob D Peatman (pictured), director of national sales, Beaumont Capital Management. “We have seen strong interest and adoption of BCM’s strategies across numerous platforms and channels, and we are proud that HedgeCoVest views our solutions as a key component to their future success.”
Investment firms on HedgeCoVest act as a sub-adviser to the platform and, through its proprietary technology, HedgeCoVest creates a real-time model portfolio which can be accessed using separately managed brokerage accounts. Ten BCM strategies are now available through HedgeCoVest and its white-labelled SMArtX platform, including the suite of Sector and Decathlon strategies.
“There is great synergy between our two companies and we are excited to expand the selection of investment strategies available to advisors, while remaining consistent with our approach to offer high levels of liquidity and transparency,” says Evan Rapoport, CEO of HedgeCoVest. “Our vision and commitment to the highest industry standards are supported by BCM and we look forward to working with them in providing advisers long-only, low-cost growth strategies with defensive capabilities.”