Brooks Macdonald is set to launch a Global Managed Portfolio Service, expanding its range of investment solutions for advisers and their clients.
The Brooks Macdonald Global MPS range will consist of 10 portfolios, five active and five passive. Each portfolio will be aligned to a distinct risk profile, ranging from low risk through to high risk.
The firm said the range is designed to provide advisers with a globally diversified solution, combining the benefits of a global benchmark equity exposure with an active asset allocation overlay. Its equity market exposure is aligned with the MSCI All Companies World Index, and by referencing the ACWI, the wealth manager said the new range will reduce concentration risk, support diversification and deliver lower volatility alongside benchmarked aligned returns.
Neil Cowell, distribution director at Brooks Macdonald, said: “Brooks Macdonald’s new Global MPS further expands our investment solutions to Independent Financial Advisers and their clients offering more choice and flexibility to meet their investment goals.
“We value our long-standing partnerships with IFAs and are pleased to support them as they grow their business and serve their clients. This global solution builds on Brooks Macdonald’s deep multi asset investment expertise and is supported by our robust Centralised Investment Proposition.”
The new range will complement the firm’s existing Core MPS offering and will be available from 31st March via third-party wrap platforms.
The price for Global MPS at launch will be 15bps for active and 10bps for passive portfolios.
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