Axa Elevate ups model portfolio limit

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Axa Elevate has increased the limit on the number of investments within model portfolios on the platform in response to adviser demand.

The increasing demand for investment diversity among advisers has spurred the platform to increase the limit on the number of funds and stocks which can be held in model portfolios from 20 to 30. Axa Wealth Elevate managing director David Thompson (pictured) said: "Previously, we had a limit on the number of stocks or funds that you could hold in a model portfolio of 20. Based on consistent feedback from advisers who needed more diversity in terms of managing portfolios, we have increased that to 30." Earlier this week, Axa Elevate announced it had teamed up with Winterflood Business ...

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