Towergate Financial's investment committee has selected Seven Investment Management (7IM) as their choice of manager for the risk rated range of Towergate Passive Multi Asset Portfolios (MAPs).
The model portfolios were established in October 2009 by Towergate Financial as part of their investment proposition, in particular to provide a lower cost broadly diversified range of investments for their clients. Since inception these portfolios have attracted over £80m. 7IM said it has "a longstanding and mutually supportive relationship with Towergate", which already includes the 7IM Asset Allocated Passive (AAP) fund range and 7IM Discretionary Management Service in their investment proposition. Taking on the investment management of the Passive MAPs means that 7IM is now workin...
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