Unicorn Asset Management has teamed up with discretionary fund manager WM Capital Management to launch an investment service built to provide inheritance tax (IHT) exemption to investors.
The Unicorn AIM Inheritance Tax Portfolio Service, which will offer both a growth and income option, will invest in a "diversified" portfolio of 25 to 40 AIM stocks that qualify for both Business Property Relief (BPR) and as ISA investments. Unicorn said ever-increasing numbers of investors are looking for estate planning solutions within an ISA framework. Unicorn, established in 2000, is historically a UK small cap and Alternative Investment Market investment business. Unicorn Asset Management director Chris Hutchinson said: "Conducting much of our research in house delivers impor...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
