Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny's advisers can now access a suite of low-cost model portfolios through a partnership with Charles Stanley.

The portfolios are run by Charles Stanley Pan Asset and are based on the firm's one to six risk-rated range, which has been risk profiled by Distribution Technology and has total costs of around 0.45% per year.

Dominic Rose (pictured), Bellpenny’s acquisitions and sales director, said in a statement: 'This allows us to deliver incredibly low investment costs, which we believe is an essential ingredient in maximising long-term returns.'
 
Christopher Aldous, managing director of Charles Stanley Pan Asset, added: 'The models have been tailored to be compatible with Bellpenny’s preferred investment platforms and have been risk rated by Distribution Technology to ensure they fit with the financial planning team’s client risk profiling approach.'

Bellpenny, which is supported by global investment management firm Oaktree Capital, has been boosting its proposition, with the recent acquisition of the Glasgow-based wealth manager MGW, which brought £141 million in assets, and financial planning firm The Country Partnership from Cheltenham. The latter, which had almost £200 million in assets was Bellpenny's biggest single transaction to date.

The firm had £1.3 billion in funds under management in October 2013, just over a year after launching.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: How David Esfandi is shaping Canaccord Genuity WM

Profile: How David Esfandi is shaping Canaccord Genuity WM

After six months as chief executive of Canaccord Genuity David Esfandi's ambitions are taking shape

Wealth Manager on Twitter