Discretionary Management  

Portfolio Metrix cuts fee for charities

Portfolio Metrix cuts fee for charities

PortfolioMetrix UK is reducing its fee by more than 40 per cent for registered charities using the discretionary investment manager’s services.

The firm celebrated its UK four-year anniversary in January 2017 and decided it wanted to do something to help support a broad range of charities across the UK. 

Since yesterday (1 February) charities registered in the UK will be charged a reduced rate of 0.2 per cent a year (plus VAT).

Mike Roberts, managing director at Portfolio Metrix UK, said: “Having carefully considered the best way to support positive change, we concluded offering our time and expertise, via a reduced fee, was the most efficient way to support the fantastic work charities do.

“It is our hope that better investment outcomes at a lower cost will allow charities to meet more of their charitable goals.”

PortfolioMetrix was founded in 2010 and began managing investments for UK clients in early 2013.