Brooks Macdonald has launched an international managed portfolio service to be run out of its Channel Islands office.
The suite of products comprises four actively managed risk-rated funds; defensive, cautious balanced, balanced and growth, which invest across a range of asset classes.
Jersey-based Praemium International will provide administration, execution and custody services for the MPS through its ‘managed accounts’ platform.
John Davey, chief executive of Brooks Macdonald International, said: ‘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.’