Private client brokers Killik & Co is launching an investment wrapper account for a business divisio...
Private client brokers Killik & Co is launching an investment wrapper account for a business division to be run by former Barclays stockbrokers Justin Urquhart Stewart and Tom Sheridan. The account takes a mutual fund as its base and then allows investors to build a mirror portfolio with the opportunity to screen out some stocks and add or increase weightings to others. The division, 7im, will bring out a sterling and dollar-denominated wrap account. The firm is to invest £4.5m in technology to support the service. It will be available at the start of next year. Minimum investment will ...
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