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Montpelier to run funds

Montpelier is starting an in-house fund management arm and its own branded range of Sipps next month.

Montpelier Capital Management will provide discretionary management services to clients, with third-party administration and back-office systems provided by US financial services giant Raymond James.

Montpelier managing director Peter Bridges will act as investment manager and tailor multi-asset portfolios effectively funds of funds – to individual clients’ risk profiles.

The Montpelier suite of self-invested personal pensions – the First Steps, Investor and Complete Solution Sipps – will be provided by Butterfield Bank with Montpelier acting as trustee. Investors can choose which Sipp they want based on their financial awareness, with the Complete Solution Sipp offering access to the widest range of investments.

Managing director, financial services, Andy Smith will head the Sipp business.

Montpelier has Midlands, Manchester and London offices, with 25 advisers in the UK and 60 globally.

Chief executive David Yelloly says: “Our strategy means we will not be launching with a prescribed suite of funds but will tailor our offering on a bespoke basis.”


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