Mark Insley, Founder and Managing Director (pictured) tells IFA Magazine that it’s been a busy couple of weeks for AWM, who follow up the launch of their Ascot Wealth Platform with the official introduction of Cape Berkshire Asset Management, a discretionary fund management service.
Cape Berkshire Asset Management was formed in late 2018 and is something AWM have been building behind the scenes.
Benefits offered by the discretionary service include:
A lower expense ratio to the current AWM Advisory expense ratio;
The ability to use exchange-traded funds;
Cost-efficient, sector-specific exposure;
The ability to use investment trusts;
Improved efficiency for portfolio transactions;
Removed administration for clients;
The introduction of a portfolio management team as well as an Investment Committee.
The current advisory service will remain but will just be run in a more systematic manner to reflect Cape Berkshire decisions at the end of the quarter. However, for clients that want AWM to be able to act quickly and take advantage of market opportunities as and when they arise at their discretion, Cape Berkshire is a highly feasible option.
