IFA firm Portfolio Optimiser are launching a portfolio construction tool putting intermediaries on competitive footing with fund of funds managers.
The Portfolio Optimiser tool enables IFAs to use Harry Markowitz' theory of Modern Portfolio Construction to blend up to 10 funds for different risk profiles and performance targets. Portfolio Optimiser group is launching the product as it believes many of the tools used by large institutions are performing calculations wrong. Nigel Johnson, director of Portfolio Optimiser, says: "Our product gives IFAs the sort of tool formerly only available to large institutions but for reasonable prices." The group plan to offer a variety of pricing policies. For IFAs, the expected cost is ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
