Prior to the launch of the portfolios, Cazenove provided and continues to provide a range of discretionary fund management services to advisers, including taxed portfolios and ISAs, personal pensions, offshore bonds and an inheritance tax portfolio services.
Initially available on Standard Life’s wrap platform and rated by Distribution Technology, the six funds will be actively managed according to Cazenove’s multi-asset investment process but have a minimum investment of £50,000.
According to Cazenove, the cautious model will have a risk rating of 3, the balanced and balanced income models have a risk rating of 4, with the growth, aggressive and equity risk portfolios have risk ratings of 5, 6 and 7 respectively.
| Strategic Asset Allocation | ||||
| Equities % | Fixed income % | Alternatives % | Cash % | |
| Cautious | 25 | 38 | 29 | 8 |
| Balanced | 44 | 24 | 27 | 5 |
| Balanced income | 47 | 22 | 27 | 4 |
| Growth | 65 | 14 | 18 | 3 |
| Aggressive | 79 | 6 | 13 | 2 |
| Equity Risk | 90 | 0 | 8 | 2 |
Nick Georgiadis, head of DFM at Cazenove said the range was a natural extension of the firm’s relationship with the IFA community, adding: “We value our long-standing relationship with IFAs and are delighted to be launching a model portfolio service allowing more of their clients access to our investment capabilities.
