Seven Investment Management (7IM) has launched a range of five "ultra low cost" multi-asset passive model portfolios.
The 7IM Pathway range aimed to offer advisers a simple way to create a well-diversified portfolio of passives for their clients for just 0.15%, plus the cost of underlying investments. 7IM said the range would utilise the firm's "robust" strategic asset allocation framework and risk management process, combining different classes to optimise returns for each of the five levels of risk. The model portfolios will be rebalanced quarterly, with the flexibility to change the asset allocation at any time. Initially, the Pathway model portfolios will be available on six platforms - 7IM, Novi...
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