Verbatim launches multi-asset passive portfolios

Laura Miller
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Verbatim Asset Management, the whole of market portfolio management and financial planning arm of the SimplyBiz group, has launched a range of multi-asset passive portfolios called "Total Clarity".

Each of the four portfolio funds will deliver a clear mandate for risk managed investments mapped to the compliant investment process which was launched by the group in 2010. Verbatim has over 3000 users of its process with around 600 firms making use of its fund management services since launch. SimplyBiz , joint-managing director and managing director of Verbatim Neil Stevens cites the "growing demand from advisers and their clients for low-cost passive solutions, but with quality built in" as the background for the firms decision to launch a passive solution. The launch was made...

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