AAM and Wilshire Form Strategic Partnership to Broaden Fund Distribution

AAM and Wilshire: Expanding Investment Opportunities for Financial Advisors

In a ground-breaking collaboration, Advisors Asset Management (AAM) and Wilshire have joined forces to broaden the market reach of the Wilshire Private Assets Fund (WPAFX). This strategic partnership will enable AAM to serve as the exclusive external sales distributor of the fund in the United States. The objective is clear: to make exceptional private market investments more accessible to a broader spectrum of investors and financial professionals.

A Promising Opportunity for Investors

Advisors Asset Management, known for its robust investment solutions, is optimistic about the partnership. Cliff Corso, CEO and CIO of AAM, expressed enthusiasm about collaborating with Wilshire, highlighting their commitment to democratizing access to high-quality private market investments. According to Corso, this partnership resonates with AAM's mission: "High-quality private market investments should be available to all, not just a select few."

Wilshire, a renowned player in the global financial services arena, echoes this sentiment. CEO Jason Schwarz emphasized the evolution of private market strategies—once the exclusive domain of institutional investors—now being made accessible to a wider investor base via innovative product structures.

The Wilshire Private Assets Fund: A Comprehensive Offering

The Wilshire Private Assets Fund represents a unique all-in-one solution for investors seeking exposure to various private market segments, including private equity, private credit, and real assets. One of the remarkable features of this fund is its construction as an interval fund, allowing it to provide daily net asset value (NAV) calculations, accommodating daily subscriptions, and presenting favorable tax reporting with 1099 forms.

By combining high-conviction opportunities sourced from Wilshire’s extensive networks and thorough due diligence processes, the Wilshire Private Assets Fund aims to deliver performance that aligns with the needs of both individual and institutional clients.

Investment Strategy and Key Benefits

Investors can anticipate a diversified approach when investing in the Wilshire Private Assets Fund. The fund incorporates various strategies that blend primary fund commitments with secondary market opportunities and specialized co-investments. This multi-strategy approach not only optimizes liquidity but also enhances diversification, effectively managing risk amidst market variability.

Moreover, the focus on both long-term capital appreciation and current income through yield-generating private credit and income-oriented real assets aims to resonate well with advisors and investors alike.

The partnership comes at a time when many investors are seeking alternatives to traditional investments in response to changing market dynamics. Enhanced income generation and reduced correlation with public markets are appealing benefits for those looking to bolster their investment portfolios.

AAM and Wilshire: A Reliable Duo

With over 45 years of experience, AAM has continually established itself as a trusted partner for financial professionals, providing access to various financial instruments from alternative investments to traditional products. Their collaboration with Wilshire, which boasts $1.5 trillion in assets advised and $123 billion in assets managed, showcases a union of expertise dedicated to improving investor outcomes.

The partnership aims not only to expand distribution but also directly to enhance financial advisors' investment solutions offering, hence fostering a future where quality private asset holdings become more common among all investors.

In conclusion, this collaboration between AAM and Wilshire could reshape how financial professionals approach private market investments, affirming the belief that exceptional opportunities in investing should extend beyond the confines of institutional barriers. As this partnership unfolds, it will be intriguing to observe how it impacts investor behaviors and the landscape of private market investments moving forward.