Investec Bank in the Channel Islands is in the final stages of putting together a multi-currency, mul...
The portfolio for each client will be drawn up from a list of top performing investment funds but Investec will provide a totally personalised service based on each individualís investment preferences and financial situation.
Every client will be able to specify the type of funds they wish to hold and exclude funds on many different grounds. For example, if a client wanted a US portfolio but with no IBM, Investec could search their database, extracting the funds that hold IBM from the client's portfolio.
Investec will also look at the geographical location and tax base of the client and will combine all this with an economic forecast and a house view to create a bespoke fund allocation.
The service, which will be available from the end of June, will be offered primarily in dollars, sterling and euros but in their capacity as discretionary asset managers, Investec have the ability to stretch this out to the 25 currencies they have available.
The full gamut of Investec Guinness Flight funds will be offered, of course, but a crop of what Investec regard as the best funds in the world will also be on offer.
Investec will choose funds based on performance but it will be long-term, sustainable performance, rather than 'overnight hot shots'.
Investec currently offers both discretionary portfolio management as well as fund management services. This new service is intended for fairly entrepreneurial investors who want a hands-on role in their fund investments.
Three years at Wells Fargo
Effective from 9 December 2019
One firm with permission suspensions left
Continuing the Architas education series for clients.
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