New Products
London & Capital Rolls Out New Suite Of Model Portfolios

London & Capital has launched a suite of new global model portfolios which it says will offer advisors more investment choice, management of risk and increasing transparency on fees and underlying investments.
London &
Capital, the wealth management firm, has launched a suite of
new global model portfolios which it says will offer advisors
more investment choice, management of risk and increasing
transparency on fees and underlying investments.
The portfolios are aimed at financial advisors with clients
looking to invest for the longer term and who seek wealth
preservation at a time of increasing market uncertainty. The
portfolios will sit alongside the existing ten managed portfolios
introduced to market in 2010 and are designed to cater for a
range of risk and return appetites.
However, compared to the ten existing managed portfolios, the new
ones offer greater controls. The underlying funds are managed by
the London & Capital investment desk giving greater control over
stock selection, daily visibility of underlying risk exposures as
well as the ability to use derivatives to manage risk and
volatility in the funds, providing greater peace of mind for
intermediaries.
The model portfolios have five distinct risk and return
objectives, formally risk-mapped by Distribution Technology and
given a 5-star rating by Defaqto. The five new portfolios use a
mixture of the following underlying funds: L&C Global Star
Equity Fund, L&C Global Defensive Equity Fund, L&C Global
Conservative Fixed Income Fund, L&C Global Balanced Fixed
Income Fund and the L&C Global Growth Fixed Income Fund.
Initially the five new Model Portfolios will be made available on
Novia, Transact, True Potential and 7IM platforms. London &
Capital do not charge a Discretionary Management fee to manage
the models. The expected total fee of 1.29 per cent is inclusive
of VAT and consists of the underlying fund charge at 1.0 per cent
and administration expenses at around 0.29 per cent.