Thesis Asset Management has launched a UK equity-only model portfolio that invests in direct securities rather than funds.
The allocation is chosen from around 350 stocks, which are then refined to 30 best ideas. The fee for the model is 20bps plus VAT, and the portfolio is managed by associate director Steven Richards. It will initially be available exclusively via the Fusion Wealth platform as a standalone model. All the firm's model portfolios are now also available on the Fusion Wealth platform, with the remainder using the typical model of investing in underlying funds. Lawrence Cook (pictured), director of marketing and business development at Thesis, said investing directly in stocks helped driv...
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