IBOSS launches discretionary management service

Nine risk-rated portfolios

Beth Brearley
clock • 1 min read

IBOSS has launched a new discretionary management service comprising nine risk-rated portfolios.

The Managed Portfolio Service will sit alongside the firm's existing advisory and OEIC offerings, which launched in 2008 and 2016 respectively, and administer over £1.2bn of assets. The new service will be white-labelled for advisers in keeping with the firm's other propositions, with advisers and financial planners the sole focus of IBOSS. Quarter of advisers saw 10%-plus pay rise after adopting DFM model IBOSS investment director Chris Metcalfe said that they will "never deal directly with investors" as it "creates a conflict of interest". He added: "We launched the service in...

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