BT MAGAZINE 2024 VF no marks 8 oct - Flipbook - Page 76
ISSUE 17
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Libero International Sicav Plc:
Launch of Blacktowers Group's, Managed Portfolio Service.
Written by, John Westwood, Group Chairman, Blacktower Financial Management
I
am very pleased to announce that during the
summer of 2024, we launched our new and
refocused Bespoke Portfolio Management Service,
in conjunction with the industry-leading Discretionary
Portfolio Managers at Oakglen Wealth.
At the core of this service is the Libero International
(SICAV) Plc range of discretionary managed portfolios,
the Nexus Portfolios, which since June 2024 have been
managed on our behalf directly by Oakglen Wealth.
Following an extensive review of the previous fund
manager's performance, combined with a complete
overhaul of the Investment Portfolio range, charges,
and management style, it became apparent that a fresh
approach was needed to both improve performance and
reduce operating costs. Working in conjunction with
the Board of Directors of Libero International SICAV
Plc, a number of high-profile discretionary managers
were invited to make presentations on how they could
enhance the performance of the enlarged range of
Nexus Portfolios. After a thorough examination process,
the Libero Board decided that the past performance
and management style of Oakglen, combined with
a meaningful reduction in charges, demonstrated
superior management capabilities. Consequently, the
investment mandate was granted to the Oakglen Wealth
team, who are based in London.
This review also marked the launch of our new Cautious
Portfolio, which, when professionally blended with the
existing Dynamic and Solutions portfolios, can form
part of a diversified managed portfolio strategy. This
introduces a new dimension to our client services,
offering a truly tailored discretionary management
service designed to meet individual objectives at
reduced costs compared to market norms.
Additionally, the Portfolio Management Service will be
supported by comprehensive monthly reporting and
video blogs held with the Portfolio Managers, alongside
the ability to rebalance portfolios without incurring
additional charges, all under the professional guidance
of Oakglen Wealth.
ABOUT OAKGLEN WEALTH.
Oakglen Wealth, are a progressive Investment Manager
with offices based in London and the Channel Islands.
They are an independent wealth management business
where clients are at the hart of everything they do.
They are committed to building solid relationships
which are based on understanding clients needs whilst
constructing strategies that help our clients enjoy
optimised, positive outcomes.
The new Blacktower Group Managed Portfolio Service
is underpinned by the Oakglen Investment Managers
personalised service, delivered by a highly experienced
team leveraging the latest market- leading technology.
Some of the Key features Include:
•
Combination of technology, quality client services
and expert insights.
•
A rigorous Investment Process.
•
Access to lower cost share classes and transparent
fee structure.
•
A managed portfolio that is tailored to a risk that
suits your profile.
•
Diversification across a range of asset classes,
strategies and management styles.
•
Ongoing detailed reporting and performance data.
•
Personalised Investment Recommendations.
As we progress, this new Blacktower Group bespoke
Investment Management service, will see further
enhancements and will start to form a core part of our
Groups Centralised Investment Proposition ,aimed at
delivering a modern high quality investment process
for our clients.
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