Bringing you live news and features since 2006 

Brooks Macdonald lowers ongoing charges for Platform Managed Portfolio Services

RELATED TOPICS​

Brooks Macdonald has set a reduced target OCF (ongoing charges) for its Platform Managed Portfolio Service (PMPS) of 1 per cent for active portfolios and 0.5 per cent for passive portfolios, inclusive of Brooks Macdonald’s fees and underlying fund charges.

As part of this offering, clients will also benefit from a lower headline fee rate of 0.25 per cent for active, and 0.20 per cent for passive, making the management fee and total fee amongst the most competitive for platform portfolios.
 
Co-Head of UK Investment Management Robin Eggar, says: “Advisers are faced with the dilemma of providing a high-quality investment solution to their full range of clients whilst being mindful of the impact fees can have on client returns. By targeting a  lower OCF for our Platform Managed Portfolio Service, we are providing an offering to advisers to deliver for their clients in a way that aims to ensure the total cost to the end client remains competitive.”
 
Richard Spencer, Chief Investment Officer, says: “In 2018, we launched our Responsible Investment Service to demonstrate that we did not need to compromise on our proven investment process to further our clients’ sustainability objectives. Today, we are maintaining that refusal to compromise but delivering value driven solutions for advisers and clients with the launch of our cost targeted portfolios on Platform MPS.”

Since 2012, Brooks Macdonald PMPS strategies have been launched across 14 platforms. Brooks Macdonald will continue to extend platform availability to meet the needs of advisers and their clients.

Latest News

BlackRock s iShares an undisputed leader among European ETF issuers pushed further ahead in Q1 with EUR173 billion in trades..
European ETFs raised USD47 8 billion in Q1 a 15 per cent increase compared to the same period in 2023..
LSEG Lipper s March report finds that globally equity ETFs +EUR113 2 billion enjoyed the highest estimated net inflows for..
Morningstar has published a review of the European ETF market for the first quarter 2024 which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs share of the US ETF market rose to 8 5 per cent at...
Kristen Mierzwa, FTSE Russell
Index Investments Group IIG a division within index provider FTSE Russell has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023 with an introductory suite of 11 ETFs seven thematic and four fundamental...
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