Envestnet has released its first list of research-approved interval funds, which have undergone the firm’s rigorous due diligence process by the manager research team at Envestnet PMC. This marks an important expansion of Envestnet’s alternative investment capabilities.
Not only are a growing list of interval funds available through Envestnet’s Unified Managed Account (UMA) platform, but the firm’s manager research team will cover and selectively expand an approved list of interval funds, just as it does for separately managed accounts (SMAs), mutual funds, exchange-traded funds (ETFs), and fund strategist portfolios. Advisors now have access to private market investments and independent research which can help them evaluate interval funds directly within the Envestnet ecosystem.
Envestnet first announced the accessibility of what would become a growing list of interval funds through its UMA platform in
