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threesixty adds to IFA portfolio service

threesixty, the fee-based IFA support provider has added two ranges of model portfolios to its asset allocation service.

The new ranges are designed to enable IFAs to provide a complete advisory service from risk profile analysis through to underlying fund selection.

They are designed to match five attitude-to-risk profiles, including defensive, cautious, balanced, moderately adventurous and adventurous.

The portfolios provide the percentage breakdowns for asset classes as well as recommendations for the underlying funds covering a variety of holdings and styles. They are not benchmarked against broad indices or sectors.

The enhanced service builds on the asset allocation tool created in conjunction with actuary firm AKG, which threesixty launched in November 2007.

The two new ranges were constructed by investment research consultancy Old Broad Street Research and multi-manager house Margetts.

The firm may launch the model portfolios as Oeic funds once a critical mass has been reached in terms of assets under management.

threesixty partner David Ingram says: “There are other model portfolios available but we’ve gone further as this service allows IFAs to take their clients all the way through from assessing attitudes to risk with detailed wordings through to recommending specific underlying funds on a dynamic basis.”


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