Barclays Wealth unveils portfolios of ETFs

The Barclays Wealth ETF Tactical Allocation (BETA) portfolios are based on asset allocation recommendations across a range of assets, provided by the firm's global investment strategy group. The strategy team, led by Barclays Wealth head of investment strategy Aaron Gurwitz, determines effective portfolio positioning in real time, as markets and investment opportunities evolve. Gurwitz says: "The market for ETFs has now matured to the point that it provides a way for us to reflect almost all of our tactical asset allocation views in transparent, cost-effective and tax-efficient portfo...