Asset Transitions
IA is highly experienced in supporting investment managers, superannuation funds, and custodians through the design and execution of large-scale asset transitions and portfolio restructures. These programs often arise from investment strategy changes, SFTs, mergers, or cost optimisation initiatives — and demand a high degree of precision, coordination, and market insight.
Our team brings deep expertise in transition management, investment operations, program execution, and risk management to deliver efficient, low-risk transitions while ensuring investment integrity and equity is maintained throughout.
Transition Planning & Strategy Development
- Development of end-to-end transition strategy aligned with investment and business objectives
- Assessment of legacy and target state portfolios, structures, and constraints
- Planning for liquidity, trading windows, rebalancing requirements, and unit pricing impact
- Engagement with asset consultants, custodians, and investment managers to define executable paths
- Structuring of phased, multi-stage transitions to minimise market impact and cost
Execution & Market Risk Management
- Detailed execution planning across listed, unlisted, and bespoke asset classes
- Coordination of trading activity, transition managers, and in-specie transfers
- Implementation of risk mitigation strategies (e.g. use of derivatives, overlays, liquidity buffers)
- Monitoring of market conditions and alignment of timing to minimise slippage
- Oversight of execution costs, transition leakage, and performance attribution
Complex Asset Handling & Constraints Management
- Management of transitions involving illiquid, unlisted, or legacy assets
- Navigation of complex asset constraints including pre-emptive rights, withdrawal windows, or suspension risks
- Design of workarounds and structured solutions where in-specie transfer is not possible
- Coordination with legal, tax, and compliance teams on asset-level restrictions and regulatory obligations
- Documentation and management of exceptions, waivers, and interim holding strategies
Investment Mandate & Manager Restructuring
- Review and rationalisation of existing investment mandates and structures
- Support for re-tendering, renegotiation, or consolidation of external manager relationships
- Coordination of new mandate establishment and on-boarding
- Harmonisation of investment guidelines, fee schedules, and reporting formats
- Structured execution of manager transitions with minimal portfolio disruption
Stakeholder Coordination & Operational Readiness
- Engagement with front, middle, and back-office teams across all impacted parties
- Coordination across custodians, fund administrators, transition managers, and product teams
- Preparation and execution of data readiness, reconciliation, and transition runbooks
- Member communication and trustee governance support where relevant
- Cut-over planning, dry runs, and post-transition stabilisation activities
Why Businesses Choose Integrated Advisory
- Deep understanding of investment operations and asset transition complexity
- Proven frameworks and methodologies refined through execution of large-scale transitions across leading Australian institutions
- Collaborative and hands-on engagement model working seamlessly with clients and third parties
- Strong execution discipline that brings clarity to complex programs and reduces delivery risk
- Blend of strategic and technical capability — from investment structure design through to post-trade processing
- Data-driven insights and transparent reporting for internal stakeholders, trustees, and regulators
Client Impact
Our deep understanding of investment operations and asset transition complexity combined with our proven frameworks and methodologies empowers businesses to:
- Risk-controlled execution through experienced planning and oversight
- Cost-efficient outcomes via structured transition approaches and market-aware execution
- Clear governance and stakeholder alignment from planning through to final handover
- Confidence in compliance and transparency, including support for trustee and regulatory reporting
- Continuity of investment performance through tailored transition approaches that minimise disruption
- Execution certainty, even across complex multi-asset, multi-manager environments
Integrated Advisory is uniquely positioned to de-risk asset transitions and portfolio restructures being undertaken by clients.
Contact us to discuss how we can tailor our approach to your specific needs.
