Brooks Macdonald International (BMI) has launched a International Managed Portfolio Service (MPS), which will provide investors with a choice of four actively-managed, risk-rated, segregated investment portfolios.
Investors in the International MPS will benefit from day-to-day active asset management from Brooks Macdonald’s investment managers based in the Channel Islands, as well as exposure to all asset classes. This exposure provides greater investment diversification than might otherwise be available to investors on an individual basis, ensuring a greater spread of investment risk.
Clients will be able to choose between four investment portfolios that cover a wide range of investment objectives and risk profiles: International MPS Defensive, Cautious Balanced, Balanced and Growth. Investors will also benefit from multi-currency options, allowing investments to be made in Sterling, Euros or US Dollars.
Jersey-based Praemium International will provide administration, execution and custody services for the International MPS using its managed accounts platform, allowing BMI to focus on managing its range of discretionary model portfolios for international advisers.
John Davey (pictured), chief executive of Brooks Macdonald International, says: “Following the considerable success of Brooks Macdonald’s Managed Portfolio Service in the UK financial adviser market, we are pleased to now launch this equivalent service, which is tailored specifically for our growing International client base. Working alongside Praemium, we look forward to providing our international clients with this new first-rate wealth management solution.”
Michael Ohanessian, chief executive of Praemium, says: "Our partnership with Brooks Macdonald is a very exciting development. They have considerable expertise in running model portfolios and are one of the UK's leading discretionary fund managers. Our technology, coupled with the capabilities and expertise of the Brooks Macdonald team, is a perfect fit for clients looking for efficient, active management for their investments."
