deVere launches range of ultra-low-cost financial solutions
In association with Pacific Asset Management (PAM), we’re going to provide this new service consisting of just low-cost tracker and active funds.
The asset management industry has evolved, and costs are far more of a predictor of future performance than perhaps realised. As such, our new model portfolio service (MPS) will comprise of a range of risk-targeted model portfolios to cater to each individual client’s requirements.
In today’s world of ultra-low interest rates and the destructive effects of inflation, it’s crucial that we maintain an extensive choice of cost-efficient, diversified financial solutions to enable our clients to reach, often surpass, their long-term financial goals.
Indeed, by working together with Pacific Asset Management, we will be in a position to offer investors exposure to passive funds which correspond to their risk profile, in combination with PAM’s selection of multi-asset portfolios.
Speaking of the launch, Matthew Lamb from Pacific Asset Management, comments: “We are delighted to be working with deVere Group, who are at the forefront of offering institutional solutions to retail clients in the international space. The deVere MPS range balances the cost-efficient advantages of robo-advice with the common sense overlay of an actively managed solution, allowing deVere to continue to bring the benefits of the industrialisation of the asset management industry to their clients.”
Initially, the MPS range will consist of four risk-targeted models, allowing investors exposure to the cost-effective advantages of a passively run investment, whilst simultaneously enabling access to a greatly-diversified actively managed portfolio.
The design of each of the four models is to reflect a certain level of risk the investor is comfortable with, and consists of a cost-efficient combination of passively managed tracker funds, designed to work in conjunction with the wholly unbiased range of multi-asset funds provided by Pacific Asset Management.
Indeed, the PAM selection is UCITS regulated, daily dealing and highly liquid, investing across active, passive and smart-beta strategies.
The idea behind this move to offer our clients high quality, low cost financial solutions was included within deVere’s Strategic Review. It shows our commitment to cater to the needs and requirements of a fast-developing industry, advancing client expectations and continuing monetary policies.
Exciting times ahead in the industry – of which we’ll be at the forefront!