Fairstone strikes deal with Charles Stanley to manage MPS mandate

Charles Stanley will build and manage a customised range of risk-targeted portfolios aiming to support Fairstone's advisers and help their clients achieve their investment goals. Charles Stanley's MPS has an active asset allocation view which is implemented using both active and passive vehicles to ensure a competitive cost. Investment ideas are implemented and monitored by Charles Stanley's fund management team led by head of asset management Dan James and portfolio manager and director of asset management Chris Ainscough. Charles Stanley group head of sales Sean Osborne said: "Th...