London & Capital's range of ten actively managed risk-graded portfolios have been added to the True Potential platform.
Its partnership with the True Potential Single Integrated Wealth platform takes to five the number of wraps offering London & Capital's Managed Portfolios, which aim to make discretionary fund management available to the mass market.
London & Capital's link-up with True Potential comes after IFA-owned wrap Nucleus added the Managed Portfolios to its platform.
The multi-asset approach adopted by London & Capital's actively managed portfolios is designed to protect capital and provide clients with sustainable returns within a tightly-controlled risk framework. The portfolios have the ability to switch 100% to cash.
Head of adviser solutions Bruce Ely-Johnston said the firm is continuing to adopt a cautious investment strategy given the uncertain macro-economic background.
"We have Europe still floundering from a clear lack of political leadership, clients looking for reassurance and advisers adapting to the changes of the RDR, so more than ever we need to continue to be cautious in our investment approach and help advisers restructure their businesses whilst in some cases refocusing their investment proposition".
Whilst remaining cautious, London & Capital recently reduced the cash weighting in all its portfolios from 30% to 20% in line with the pick-up in markets. It has upped exposure to more risky assets including equities and commodities.
Ely-Johnston said the portfolios have performed well recently. In January model portfolio 10, which then had a 30% allocation to cash, returned 3.5%. The FTSE was up 1.6% during the same period.
"Considering 30% of that was in cash goes to show what we're trying to achieve - as much as it's a capital preservation philosophy, if you're getting the asset allocation correct and running it in the right way you can still get decent levels of return even in a protection mode," added Ely-Johnston.
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