Investment manager Bordier UK has launched what it called "a full multi-asset class solution" that will set out to keep costs low by investing in passive funds, wherever possible.
Managed actively to Bordier UK's strategic asset allocations, the Hybrid Passive Managed Service will offer a range of five investment strategies with a reduced cost of underlying funds that ranges from 0.45% for its Defensive portfolio down to 0.23% on its Adventurous strategy. Bordier UK CEO Jamie MacLeod (pictured) said: "The service employs lower-cost passive funds - where available - to reduce the total service cost, while looking to offer defensive qualities through its use of actively managed alternative funds and strategic bond funds. "In addition, by using passive index fund...
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