8AM launches managed portfolio service

Multi-asset fund house 8AM Global has launched a managed portfolio service (MPS) following the completion of its rebrand from Hasley Investment Management.

The MPS, known as 8PM, employs the same investment process used by the firm’s multi-strategy collectives and features cautious, balanced, and adventurous portfolios.

Multi-asset manager Richard Philbin, in charge of the company’s funds since 2012, will run the new service alongside the firm’s other portfolio managers.

The launch allows 8AM “the flexibility to match investment requirements more precisely, and with a charging structure that can vary to match particular needs”, said Tom McGrath, a partner at the firm.