Independent wrap Ascentric has added Hawksmoor Investment Management to the fast growing list of Discretionary Fund Managers (DFMs) on its platform.
Advisers using the Ascentric platform can now access Hawksmoor’s four actively managed and three passively managed model portfolios. Each of the actively managed portfolios aims to deliver total real return and have a risk range rather than a risk score whereby risk is managed within defined parameters. The passive portfolios are designed to track the FTSE/APCIMS Private Investor Indices.
Hawksmoor was established in 2007 although its Chief Investment Officer, Richard Scott, has been running multi-manager portfolios since 1995 and was Citywire’s Global/International Manager of the Year in 2002.
Josh Adams, Head of Marketing at Hawksmoor, says: "We are delighted to be able to offer our discretionary model portfolios to IFAs via Ascentric. I would encourage any IFA to consider the Ascentric/Hawksmoor combination as a low cost, high quality investment solution for clients. Outsourcing the investment process can transform an IFA’s business in terms of profitability and performance."
Dominic Ventham (pictured), Head of Marketing at Ascentric, says: “In a low return investment environment, advisers are looking for a cost effective DFM strategy to support their advice process. The addition of Hawksmoor very much supports this trend and gives advisers more choice around their DFM solutions, important when assessing suitability for their clients.”
Ascentric now has 23 separate DFMs on the platform and expects this to increase to 30 by the end of 2011.