J O Hambro launches model portfolios on Ascentric

The three portfolios - JOHIM Cautious, JOHIM Balanced and JOHIM Growth - are each comprised of three funds. These funds - JOHIM Sterling Bond, JOHIM Equity and JOHIM Alternatives - effectively act as asset allocation vehicles for the portfolios, J O Hambro said. It added the portfolios provide independent financial advisers (IFAs) with an efficient and cost-effective way to access its discretionary expertise. Mark Barrington, JOHIM Managed Fund Service head of distribution, said: "The model portfolios have been created in view of the forthcoming RDR legislation and will enable IFA...