Hawksmoor Investment Management has relaunched its managed portfolio service (MPS) in a move which increases the number of portfolios and reduces headline fees.
The Devon-based firm will now offer four risk-weighted ranges with three portfolio options in each, representing its Core, Higher Income and Sustainable World portfolios. In addition, headline fees have dropped from 0.3% to 0.25% as a result of the portfolios switching to the investment process used by the firm's open-ended mandates. Speaking exclusively to Investment Week, senior investment analyst at Hawksmoor Ian Woolley said the service was revamped to match the evolving regulatory pressures of IFA clients as since the MPS was initially launched in 2009 "portfolio suitability is f...
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