Succession builds model portfolios with passives giant Dimensional

The model portfolios, which encompass both equity and fixed income strategies, have been designed by Succession's investment management committee and invest solely in Dimensional funds. Dimensional, which has £110bn of funds under management globally, is one of the highest-selling managers on the Transact wrap platform. Succession says the products have a highly competitive total expense ratio and follow Dimensional's preference towards small-cap and value stocks. Andrew Smith, Succession's investment director, Andrew Smith believes IFAs should be outsourcing their investment decis...