UK-based R C Brown Investment Management has launched a new the third party discretionary service called, Alpha Portfolio Management.

The new service will be run by Andrew Morris and colleagues who joined the firm from Rowan Dartington in 2013.

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Alpha Portfolio will offer the low-cost managed portfolio service for client with minimum assets of £20,000 and the bespoke portfolio service from a minimum of £100,000.

Commenting on the launch, Morris said: "The launch of Alpha marks the start of a new era for us and is the first step towards us delivering our goal as a leading regional provider of bespoke investment solutions.

"We believe we have one of the most comprehensive and cost effective personalized investment offerings provided by a third party discretionary fund manager available at present."

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