Cunliffe, who joined Charles Stanley in early 2016, expects the portfolios to initially be offered as a segregated mandate.
He said: “We’ll probably look to use it as a basis to get third-party money in a segregated format so if a client is interested in a global, best ideas, go-anywhere asset allocation approach that’s something we could offer.
“In terms of a fund solution that’s something we haven’t really come to a view on just yet.”
He added: “I would say they will be for high net worth and larger clients, family offices perhaps, so we would certainly use those as a template to run larger segregate mandates.
“Whereas I think the PPS tends to have a smaller ticket, more retail investor but is a great service and still has access to an investment manager.”
