The firm has also lowered the minimum investment on the range from £100,000 to £50,000.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The total expense ratio is being capped to a maximum of 1.35%. Psigma Managed Portfolio Service (MPS), which was previously known as the Psigma’s Wealth Management, is only available via independent financial advisers.
Psigma said the move had been driven by a desire to support intermediaries in the new post retail distribution review (RDR) world, following on from its decision to re-launch its discretionary service for smaller clients.
Psigma chief executive John Howard-Smith said: "We are determined to support intermediaries in this new RDR world and particularly those who are looking to outsource their clients’ investment requirements.
"MPS gives IFAs access to specialist investment advice, ongoing monitoring and portfolio management."
