AJ Bell has added a sixth portfolio, focusing on global growth, to its Managed Portfolio Service, following client demand for a product at the higher end of the risk spectrum.
The Global Growth portfolio will be 100% invested in equities and provides diversified exposure to global markets with a focus on fast-growing areas such as emerging markets, Asia and global technology. Under Dynamic Planner risk levels, this new portfolio will be at risk level eight. This means it is riskier than the other five portfolios, which fit within risk levels three to seven. Strong AUA growth leads to 29% pre-tax profit increase for AJ Bell This launch follows a price cut by the firm earlier this month on the annual management charge for its Managed Portfolio Service, w...
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