Towergate teams up with Cazenove for multi-asset launch

Towergate Financial has teamed up with Cazenove Capital for the launch of its Active Multi-Asset Portfolios (MAPs) range to help meet the demands of the post-RDR world.

The Active MAPs sit alongside the firm's Passive MAPs, which were launched by the advisory business of Towergate Group last November and are managed by Evercore Pan-Asset.

Cazenove provides whole of market fund selection and tactical asset allocation to meet Towergate Financial's attitudes to risk.   

Clients investing in the MAPs become members of Towergate’s wealth service programme. 

Commenting on the launches, Towergate Financial chief executive Ian Darby said: 'With our Multi-Asset Portfolios and our wider Private Client Toolkit we have listened to the needs of our financial planners and built solutions that ensure we are ahead of the game and ready for the post-RDR world.'