Investec Wealth & Investment has launched Click & Invest, an online investment service for people with £10,000 or more to invest.
Investec said the service went beyond the realms of the majority of robo-platforms by offering an actively managed investment strategy. It does not offer advice, however. As part of the service Click & Invest's team of investment managers create and manage investment portfolios on behalf of clients, selecting from more than 300 funds. The funds are reviewed on a monthly basis with the aim of outperforming the market. The online investment management service has an annual management fee which is tiered according to the level of investment. There is a 0.65% charge on the first £10...
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