Financial services group True Potential is to enter the fund management market with the launch of its own 15-strong fund range, a senior partner has said.
The move follows the firm’s platform division, TP Investments, gaining permission from the regulator to control client money in the summer. TP Investments plans to launch 15 new open-ended investment company funds (OEIC) in the first quarter of the new year, initially to be managed by its strategic partners - a selection of well known fund houses - and eventually to be taken over by the group. True Potential also plans to build model portfolios in the future, said senior partner Daniel Harrison (pictured). He said the funds will be available on the group's platform, and to its adv...
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