Morgan Stanley Quilter adds to managed range

Investment manager Morgan Stanley Quilter is seeking to compete with the large multi-manager houses...

Investment manager Morgan Stanley Quilter is seeking to compete with the large multi-manager houses with the doubling of its managed portfolio service to six offerings. The firm has added three funds, distribution and cautious at the lower end of the risk/reward scale and an adventurous portfolio at the higher end. It already offers growth, balanced and income portfolios. The minimum investment in the portfolios is £25,000. Managing director at the group, Stephen Vakil, argues the key benefits of the service include allowing intermediaries to consolidate client assets in one holding as ...