Henderson Rowe launches ETF portfolios on Transact

The move follows similar innovations from Evercore Pan-Asset and SCM Private and comes as the profile of ETFs grows across wrap platforms. In February iShares revealed the value of assets it holds on similar platforms more than doubled over 2010. The Henderson Rowe portfolios offer a variety of investment strategies. For the most risk-averse investors there is a model concentrated in domestic equities and bonds, while at the other end of the scale one portfolio invests entirely in overseas equities. Henderson Rowe investment manager Finlay Maclennan said the development opens up in...