Montpelier Group has teamed up with Montague Capital to offer HNWI clients discretionary and advisor...
Montpelier Group has teamed up with Montague Capital to offer HNWI clients discretionary and advisory portfolio management advice.
The group, to be named Montpelier Fund Management, will not be launching any funds, but rather be an advisory service for HNWIs wishing to set up their own portfolios.
Through Montpelier Fund Management, clients can build a portfolio by investing directly in shares or fixed interest securities, which can then be placed in an offshore wrapper for tax purposes.
These portfolios will be tailored to the individuals' needs and are built around their risk profiles. Clients can have their own choice of domicile for their portfolio or may use the Montpelier custodian: the Royal Bank of Scotland International based on the Isle of Man.
Bill Roden, chief investment officer of Montague Capital, is responsible for the investment process which the company will use to select shares for investors.
Minimum investment for HNWIs: £250,000
Annual management charge: 1.5%
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created