Soft magnetic moldable composites (SM²Cs) would be ideally suited for the integration of magnetic components in power electronic converters because they can be formed into magnetic cores by low-temperature and pressure-less processing. However, most SM²Cs have low relative magnetic permeability, typically less than 30, and high core-loss densities at switching frequencies over 1 MHz. To improve their magnetic properties, we combine powders of Permalloy and a NiZn ferrite with an acrylic polymer to formulate a paste of SM²C. The paste can be molded and then cured below 200 °C without pressure to form cores with a relative permeability over 35 and a core-loss density at 1 MHz, 30% lower than those of commercial cores. The ease of its processing and high-performance properties makes the SM²C a good candidate material for the integration of power magnetics.