8AM launches new managed portfolio service

8AM Global has launched 8PM, a model portfolio service as the final part of its re-branding process.

8AM launches new managed portfolio service

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The new managed portfolio service will be run by a management team led by Richard Philbin. The launch of the new service completes the renaming of its fund range from the WAY Elite Hasley banner to FP 8AM.

The managed portfolios embrace three risk levels – cautious, balanced and adventurous- and utilise the same fund selection and holdings-monitoring process central to the mechanics of 8AM Global’s core range of multi strategy funds.

Tom McGrath, part of the 8PM team, said: “The new service allows us the flexibility to match investment requirements more precisely and with a charging structure that can vary to match particular needs.”

Targeted at specific institutional and professional mandates as well as the adviser market, the re-launch coincides with the third anniversary of Richard Philbin taking over the management of 8AM’s multi-asset funds.

As part of the year-long re-branding process 8AM recently expanded its distribution team by hiring Ash Weston.

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