SCM Private, a wealth manager and exchange-traded funds specialist, has made its investment management solution available to retail investors via IFAs.
IFAs can now use the Præmium Discretionary Platform Service to offer their clients access to SCM Private.
The solution aims to combine performance plus diversification plus transparency plus less fees plus active management
The SCM Long-Term Portfolio (GBP) Præmium Model has returned 28.9 per cent since June 2009, while the Absolute Return Portfolio has returned 24.4 per cent.
Alan Miller, founding partner and fund manager at SCM Private, says: “We are delighted that we can now offer our client–centred philosophy and investment management to the general public. Investors deserve to be treated with respect rather than sold the latest fad fund. More and more investors are seeking out a sensible balanced multi-asset approach to their hard earned savings. Through our unique approach, everyone can finally have 100 per cent transparency, more diversification and more performance but at substantially less cost, and draw confidence from the fact that every decision made is also being made for our money as the partners are significantly invested in the same portfolios as our clients."
The Long-Term Portfolio is akin to an old fashioned pension fund. It was launched on 8 June 2009 with a benchmark of 42 per cent UK equities, 28 per cent MSCI World-ex UK Equities, 15 per cent UK gilts, 7.5 per cent index-linked gilts and 7.5 per cent cash.
The Absolute Return Portfolio is akin to a modern day hedge fund. It was launched on 8 June 2009 with a benchmark of cash.