Bringing you live news and features since 2006 

Computer screen

Principal launches wrap solutions service

RELATED TOPICS​

Principal Investment Management, a private client investment management firm, has launched a wrap solutions service called WealthSpace.

WealthSpace enables private investors to invest in cost-efficient portfolios on managed platforms, actively managed by Principal’s investment professionals, using a straightforward charging structure with no additional hidden fees.
 
Principal has developed a range of model portfolios which can be accessed on a number of major platforms. The models have been aligned to industry standard risk profilers, matching clients’ investment objectives and their attitudes to risk.

Principal’s investment team will monitor the investments regularly to ensure the portfolios remain within the defined strategy.
 
Adrian Jewitt, Principal’s sales and marketing director, says: “This new innovative service means private investors can enjoy the benefits of professional discretionary management, even if they do not have large sums to invest. A range of clearly defined, risk-graded profiles are available. So whether they have a cautious or an adventurous attitude to risk – we can help.”
 
The investment team will rebalance clients’ portfolios every quarter (more frequently, when appropriate) to ensure they are in tune with the latest market movements.

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by