NORTH Investment Partners' John Husselbee has been appointed as manager for two new multi-manager portfolios launched by adviser firm, Johnston Financial.
The two funds - Conservative and Growth - have launched under an umbrella brand, Nevis, and are targeted at Johnston Financials' high-net worth clients. Minimum investment is £1,000 with 1.5pc annual and 3.25pc initial charges. Conservative will typically invest around 40pc in fixed interest, 45pc in UK equities and 5pc in global specialist equities, with the remainder split between property and cash. Growth portfolio is split 20pc in fixed interest and 35pc in UK equities. It will also invest overseas with 15pc in North America, 10pc in Europe, and 10pc in the Far East, with the remain...
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