Brooks Macdonald International has launched a new platform-based international managed portfolio service (MPS).
According to International Adviser, Jersey-based Praemium International will provide the administration, execution and custody capability for the managed portfolio service.
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The new service seeks to offer financial advisers with a choice of four actively-managed, risk-rated, segregated investment portfolios to recommend to their non-UK clients.
Additionally, the international service will also offer clients with multi-currency options, allowing their investments to be made in sterling, euros or US dollars.
John Davey, CEO of Brooks Macdonald International was quoted by International Adviser as saying that the new international managed portfolio service had been tailored to accommodate the company’s growing international client base.
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