Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Rathbones launches managed portfolio service

2 Comments
Rathbones launches managed portfolio service

Rathbones is launching a managed portfolio service for clients of financial advisers. 

With a minimum investment threshold of £15,000 per account, the service will offer six actively managed strategies. 

The portfolios will invest in one or two of the £476 million Rathbone Multi-Asset Portfolio funds managed by Citywire AAA-rated David Coombs, head of multi-asset and Will McIntosh-Whyte, assistant fund manager.

Labelled Cautious, Balanced, Income, Balanced Plus, Equity and Equity Plus, the strategies are expected to have yields of 1.42%, 1.55%, 3%, 1.65%, 1.46% and 1.14% respectively. 

The Cautious, Balanced and Balanced Plus portfolios will have ongoing charges of 1.06%. The Income, Equity and Equity Plus will charge 1.19%, 1.10% and 1.15% respectively. 

The Income portfolio will provide monthly income, while the Cautious and Balanced strategies will also have income versions, paying quarterly. 

The portfolios can be held within an ISA and will also be available through a number of Sipp providers. 

The funds the strategies can invest in are the Enhanced Growth, Strategic Growth, Strategic Income and Total Return

Mike Webb (pictured), group executive director, said: 'The Rathbone Managed Portfolio Service complements our other offerings to clients, from single strategy funds to bespoke discretionary portfolio management. It’s a new service that invests in existing in-house, multi-asset funds. 

'Unlike ‘model portfolio solutions’, which might only deal monthly or quarterly, and therefore miss opportunities to deal at the best prices, clients of the Rathbone Managed Portfolio Service will benefit from the daily management of the RMAP funds.'

Coombs added: 'This year is likely to see continuing uncertainty, providing opportunities that active managers can exploit, both in stock selection and asset allocation.

'Against this backdrop, investors will require their investments to be managed in a way that will secure returns in real terms – growth and protection on the downside.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

David Coombs
David Coombs
13/52 in Mixed Assets - Absolute Return GBP (Performance over 3 years) Average Total Return: 16.39%
Citywire TV
Play Hugh Young: the buck stops with me on Asia recovery

Hugh Young: the buck stops with me on Asia recovery

The Veteran Asia Pacific fund manager discusses how he is going to improve the performance of Aberdeen Standard Asia Focus and the other investment trusts run by his team.

Play Tim Steer: fund managers will have to get 'stuck in'

Tim Steer: fund managers will have to get 'stuck in'

The second part of our film with former Artemis and New Star fund manager Tim Steer looks at how his profession has evolved over the past two decades.

2 Comments Play Tim Steer: how to spot a stock disaster coming

Tim Steer: how to spot a stock disaster coming

The former Citywire AAA-rated fund manager has written a book on 22 stock disasters and how forensic examination of annual reports could have spotted them coming.

Read More
Your Business: Cover Star Club

Profile: how a private office combined Lord North Street and C Hoare veterans

Profile: how a private office combined Lord North Street and C Hoare veterans

Quite different roads took Koerling and McArdle to Owl, but this diversity of background and experience is designed to be at the very heart of the business.

Wealth Manager on Twitter