Retail ETF portfolio passes £100m asset mark

The firm's model portfolios, which trade on the Ascentric platform, use ETFs to provide RDR-compliant, risk-profiled passive fund structures. The PanDynamic programme is only a portion of the company's total assets under management, but was its first offering for the retail market and has been successfully sold to smaller retail investors. The firm operates what it calls a "low-cost, ETF-based investment proposition" to combine longer-term investments with short-term tactical plays designed to protect capital. Chief executive Christopher Aldous says: "Ascentric provides a success...