Wealth manager Evelyn Partners has reduced the fees on its international managed portfolio service (MPS) by a third from 0.30% to 0.20% to bring the service in line with its UK MPS offerings.
There are seven risk-rated models available in GBP, EUR or USD on the Evelyn Partners international MPS. The models are rebalanced quarterly and the latest rebalance was in November. Since that rebalance, the seven strategies now have a cap on the ongoing charges figure (OCF) of 0.60%, with OCFs across the range currently spanning 0.35% to 0.60%. The service was launched in 2020 and is available to international financial advisers - primarily in Europe, the UAE and Malaysia through external international platform providers Morningstar International and Novia Global. The wealth mana...
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