Principal Investment Management has launched its Wealthspace range of mandated portfolios on Ascentric.
The risk-graded portfolios comprise diversified funds from well known investment houses, using Principal's research and selection process. Ascentric will provide custody and execution of the assets. "This comes at a perfect time for IFAs looking for ways to provide their clients with investment services in a post RDR landscape, as model portfolios and wraps address many of their concerns regarding TCF and suitability," said Principal sales and marketing director Adrian Jewitt. "At the same time, it allows them to add value to their business by building identifiable funds under managem...
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