Wealth manager Boolers, which runs a range of model portfolios, has launched three funds for clients - IFSL Boolers Cautious, IFSL Boolers Balanced and IFSL Boolers Adventurous.
The Leicester-based firm, which has about £1bn of assets under management, said it would transfer £500m of client assets from its model portfolios into the three multi-asset funds of funds, which will be managed by the Boolers investment team, led by Boolers partner Gavin O'Neill. The business has appointed the Marlborough Group's Investment Fund Services as the funds' authorised corporate director (ACD). The IFSL Boolers Cautious fund will have an ongoing charges figure (OCF) of 1.16% and will sit in the Investment Association's Mixed Investment 20-60% Shares sector The IFSL Bool...
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