Briefcase and Solactive partner to enhance and scale direct indexing capabilities

Briefcase, the Australian fintech transforming investment management with its direct indexing technology, has formed a strategic partnership with global indexing leader Solactive, enhancing Briefcase’s ability to deliver institutional-grade, highly customised and tax-aware portfolios.

The collaboration allows Briefcase to scale its offering, delivering portfolios that align with individual investor preferences, without the constraints of an ETF or index fund.

Solactive’s globally recognised, classic benchmarks and indexing infrastructure will further enable Briefcase to offer transparent, rules-based exposures across a range of equity indexes. Solactive’s comprehensive suite of domestic and US equity benchmarks will support the platform’s ability to offer benchmark-aligned portfolios that are both scalable and deeply personalised.

Josh Persky, Founder and CEO of Briefcase, said advisers and their clients using Briefcase will benefit from tools typically reserved for institutional investors.

“Partnering with Solactive will allow us to deliver on our promise of personalised, tax-efficient and transparent direct indexing solutions, with added precision and scale,” Persky said.

“Through their adviser, the end investor can allocate capital in line with their values in both domestic and global markets, while receiving timely visibility of how their portfolio is performing, something that advisers tell us is increasingly important in today’s geopolitical climate.”

The Solactive partnership delivers a much richer data source, enabling better tracking, risk management, performance and attribution, and full clarity of holdings.

The Briefcase team has managed more than $50 billion at firms like BlackRock, BT, and Russell Investments.