AJ Bell Investments expands Gilt MPS range with three portfolios

The portfolios have 2032 maturity dates, AJ Bell said, enabling advisers and clients to benefit from a wider range of maturity options using the "Gilt MPS ‘ladder' approach". The provider launched its Gilt MPS 4 portfolio in December, last year, which is said accounted for about a quarter of all assets under management across the entire Gilt MPS range. AJ Bell said this highlighted "significant demand for longer maturity portfolios alongside the existing range of portfolios with maturity dates that start from later this year". It explained the Gilt MPS purchases gilts below par, meani...