Waverton targets US expats with MPS launch

Waverton Investment Management has introduced a global equity/bond model portfolio service aimed at US expat clients.

Waverton targets US expats with MPS launch


Accessed via UK and international advisers, the service consists three portfolios.

Growth has an investment objective of CPI +3.5% with a long-term asset allocation of 75% in equities and 25% in bonds.

The Balanced portfolio targets CPI +3%, with long-term allocation of 60% in equites and 40% in bonds, while Cautious aims for CPI +2.5% and is split 45% in equities and 55% in bonds.

The mandates have a minimum investment set at £250,000 or $350,000. The Waverton AMC is 0.50%.

The portfolio’s custodians are Praemium International Limited which will provide clients with US compliant tax reporting, and there are separate charges for its platform.

Waverton said these three portfolios complement its existing fully bespoke discretionary fund management services.

Andrew Vaughan-Payne, director in Waverton’s private client team, said: “We have a long and established history of working with US clients, having served foreign trusts with US beneficiaries, US persons with offshore trusts and US expats for over twenty years.

“We have now decided to provide a solution for clients with portfolios from £250,000 to meet a growing demand for this type of service. 

“This launch offers access to our tried and tested investment management at a lower entry level, supported by fully compliant tax reporting.”

Latest Stories