A number of separate-account investment platforms have recently broadened their offerings, which, at the end of the first quarter of 2003, collectively sported $729 billion in assets under management, according to Cerulli Associates of Boston.

Program providers are anxiously adding new managers, capabilities or multi-strategy functionality to broaden their stable of non-proprietary offerings to appeal to a broader client base, most notably high-net-worth clients. All roads point to firms hoping to entice investors and bolster their coffers.

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