Transact adds Saltus model portfolios to platform

The link-up will see management of the model portfolios outsourced to the discretionary fund manager, which already has ties with Ascentric, Novia, Nucleus and Praemium. Saltus' partner Dan Kemp says the portfolios come with no additional fees. "The beauty of the way that we invest is that we can run risk management on a portfolio basis with overlays for currency and tax wrappers," he says. "We are running portfolios on a real time basis across all platforms so what you see is what you get - which is something that traditional model portfolios which invest in a handful of long-onl...