Investec launches online investment management service

Investec said the service went beyond the realms of the majority of robo-platforms by offering an actively managed investment strategy. It does not offer advice, however. As part of the service Click & Invest's team of investment managers create and manage investment portfolios on behalf of clients, selecting from more than 300 funds. The funds are reviewed on a monthly basis with the aim of outperforming the market. The online investment management service has an annual management fee which is tiered according to the level of investment. There is a 0.65% charge on the first £10...