Bringing you live news and features since 2006 

Wealthify records benchmark-beating returns in first year

RELATED TOPICS​

Online investment service Wealthify has delivered benchmark-beating returns across all five of its risk profiles – known as investment styles, ranging from ‘cautious’ to ‘adventurous’ – during its first year of operation.

In an environment of record low interest rates, all five of Wealthify’s model portfolios: Cautious, Tentative, Confident, Ambitious and Adventurous, beat their benchmark, with the highest risk plan, Adventurous, achieving 28.50 per cent growth, compared to an industry average of 23.45 per cent.

Wealthify’s performance is measured against ARC benchmark data, which combines the performance of thousands of other investment portfolios, including those managed by leading UK investment management services, like UBS, JP Morgan, Coutts and Barclays Wealth.

Michelle Pearce, Chief Investment Officer, Wealthify, says: “We’ve achieved higher growth for our clients’ investments in comparison to a raft of major traditional wealth managers, all the while staying committed to low fees, transparency and a small minimum investment. Our returns, combined with our simple, affordable and jargon-free approach to investing means everyone, regardless of their experience, can make their money work harder than it currently does in cash savings.”

In a year characterised by remarkable events, Wealthify was able to achieve significant returns for its customers by careful adjustment of asset allocations to create value across all Plans. Wealthify’s investment team was also careful to mitigate against events such as Brexit, ensuring that potential losses were minimised through tight risk management controls and suitable diversification.

Pearce adds: “With around GBP700 billion stagnating in cash savings accounts in the UK, our performance figures are a stark reminder of just how much potential growth UK savers are missing out on. If Brits had put just a quarter of their cash savings into our most cautious risk plan over the past year, collectively their savings would have grown by over GBP15 billion† by today.”

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
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