Tavistock Investments’ subsidiary Tavistock Wealth has collaborated with Blackrock to offer a new portfolio range to its financial advisers and their clients.
As part of Tavistock’s centralised investment proposition, the new Tavistock Profiles will combine the existing Tavistock Acumen Portfolios - baskets of passive investments, including exchange traded funds - with a range of actively managed Blackrock funds.
Tavistock portfolio strategists will use research data developed by Blackrock to target specific volatility ranges that match investor risk ratings identified by Tavistock’s attitude to risk questionnaire.
The discretionary fund manager fee for the Profiles will be priced at 0.125 per cent plus VAT.
Michael Gruener, co-head of EMEA sales for iShares at Blackrock, commented that blending ETF-based portfolios with active strategies can be a cost-effective and flexible way to invest, with strong demand in the market.
Brian Raven, Tavistock’s chief executive, added: “The portfolio construction of the Tavistock Profiles using research allocation data from Blackrock is enormously valuable.”