Square Mile Investment Services has launched a range of six passive model portfolios in preparation for Consumer Duty and the assumption of distributor status by a range of advisers.
The six funds, which range in risk from ‘defensive' to ‘speculative', will hold around 20 funds, each of which will be rated ‘Recommended' or ‘Responsible Recommended' by Square Mile. Square Mile said portfolio construction aims to draw on the strategic asset allocation applied by the firm's broader range of bespoke portfolio solutions, with tactical tilts to benefit from shorter-term opportunities. The portfolios will consist of funds across UK government and corporate debt, international fixed income, global high yield and UK and international equities. All funds will have an ong...
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