A new managed portfolio service containing a 90% exposure to equities is set to be launched next month by IBOSS Asset Management.
‘Passive Portfolio 8' will launch on 1 November and is the ninth portfolio to be made available in the passive MPS range provided by Kingswood Group's subsidiary firm. Primarily passive and index funds are included in the portfolio with a minimum of 15 and a maximum of 30 in each. Each passive fund has a maximum 8% holding. Kingswood acquires Irish financial advisor MMPI in €25.8m deal The portfolio will be available through IBOSS' selection of chosen platforms and is a solution the firm says has been "led by adviser demand". "Given the popularity of our passive range this year ...
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