Rathbones is set to launch a ‘true active’ model portfolio service (MPS) range in the first of a series of new or enhanced offerings scheduled for this year, following its integration with Investec Wealth & Investment (IW&I).
The suite consists of seven portfolios which will become available on 14 adviser platforms in the autumn, with ongoing charges will be capped at 0.5% and no discretionary fund manager fee. In ascending order of risk target, the seven portfolios within the MPS are: Conservative; Cautious; Cautious+; Balanced; Balanced+; Growth; and Growth+. Rathbones Asset Management head of multi-asset investments David Coombs will manage the underlying funds alongside fellow fund manager Will Mcintosh-Whyte. Coombs said: "We have created these funds to provide truly active, high-conviction and ou...
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