Professional advisers will now be able to choose from a range of 10 portfolios, made up of eight actively managed and two passive strategies.
The announcement follows last week’s news that Brooks Macdonald had appointed industry veteran Jim Mackie as investment management director. Mackie had previously been at Vestra Wealth where he was an investment manager responsible for its range of model portfolios.
The new investment portfolios will range from a low-to-medium risk income portfolio to a high risk growth portfolio, and can be held within a wide range of structures including ISAs, offshore and onshore bonds, SIPPs, individual trust and charity accounts and small self administered schemes.
“We are pleased to launch five additional portfolios in response to growing demand from the adviser community. This extends the breadth of risk options available to professional advisers, enabling them to cater for a greater range and diversity of investor objectives,” said Jonathan Webster-Smith, head of the Managed Portfolio Service.
Brooks Macdonald Asset Management is a specialist investment manager providing discretionary management services for private clients, trusts, charities and pensions and is part of Brooks Macdonald Group, which had £6.95bn under management at the end of December 2014.
