Cheltenham-based financial services group Attivo has gained discretionary fund management status from the Financial Conduct Authority and has signed up with Bloomberg Professional service, a provider of stock market info and corporate data, to supply its new investment arm.
The DFM service is headed by Charlotte Watson, who was a discretionary fund manager with a firm in Bristol, having previously held positions at Bloomberg and Barclays.
Stephen Harper, chief executive at Attivo, said that its now DFM status is the “last piece” in the jigsaw.
The Bloomberg Professional service offers real-time news, analysis and comment from stock markets around the globe. Attivo Investment’s in-house team of experienced managers and analysts now use Bloomberg’s services to advise high net-worth clients on their managed portfolios and complex investment needs, as well as the bespoke portfolio service.
He said: “It’s 15 years to the month since Attivo Financial Planning was launched as Fountain Independent, and we are now a complete financial and investment services group for private clients and businesses, with our own investment platform, Sipp, Sass, advisory business, property investment and management services.
“The DFM status was developed to introduce our managed portfolio service which offers four tiers with five risk graded portfolios in each, including conservative, income, balanced, growth and global growth. The portfolios are reviewed daily by dedicated analysts; the investment committee meets weekly and reports to clients on a monthly basis.
“This service provides investors with access to a team of specialist fund managers who take on full responsibility for the investment portfolios. It also simplifies the accounting process at the end of the tax year, with the added benefit of tax planning advice.”
