View more on these topics

London & Capital – US Managed Portfolios

London & Capital – US Managed Portfolios

Type: Discretionary fund management service available through the Praemium platform for Americans living in the UK

Aim: Growth by investing in conservative, balanced or growth exchange-traded fund portfolios or sterling and dollar denominated direct investment portfolios

Minimum investment: Lump sum £10,000

Investment split: Conservative portfolio –60% bonds, 15% global equities, 7% absolute return strategies, 3% commodities, 15% cash and money market instruments, balanced portfolio – 45% bonds, 30% global equities, 10% absolute return strategies, 5% commodities, 10% cash and money market instruments, growth portfolio – 45% global equities, 30% bonds, 13% absolute return strategies, 7% commodities, 5% cash and money market instruments, sterling direct investment balanced portfolio  – 55% bonds, 35% global equities, 10% cash and money market instruments, dollar direct investment balanced portfolio = 45% bonds, 30% global equities, 10% absolute return strategies, 5% commodities, 10% cash and money market instruments

Charges: Platform charge negotiable between adviser and platform, annual 0.75-0.85%

Commission: Agreed between adviser and client




King: Inflation rate to remain high until well into 2012

Bank of England governor Mervyn King believes that the inflation rate could remain above the 2 per cent target “until well into 2012”. Speaking at yesterday’s Treasury select committee, King said that he expected inflationary pressures in the UK to recede by the summer once higher taxes and oil prices feed through to consumers, but […]

Compensation cross-subsidy to continue

The Financial Services Compensation Scheme will continue to be funded through cross-sub- sidies under the new regulatory structure. The new Financial Conduct Authority and the Prudential Regulation Authority will both raise levies to pay for the FSCS. The FSA is currently respon- sible for raising levies to fund the FSCS, the Consumer Financial Education Body, […]


Office of Tax Simplification calls for IHT and CGT reviews

The Office of Tax Simplification has called for Government reviews of IHT and capital gains tax as part of its tax relief review. In its final report on tax simplification, published today, the OTS also suggests merging income tax and national insurance, a long term project it believes would deliver “major simplification”. The review of […]


Carby Caerus Wealth duo are recruited by Openwork

Openwork has recruited two directors from Keith Carby’s new business Caerus Wealth Group. Peter Smith and Mike Starkie will join Openwork as national development directors this month. They will work with the recruitment and development team and will be recruiting, training and inducting new advisers to the network. The pair joined Caerus Wealth last September […]


Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm