Morningstar IM launches USD multi-asset portfolios

Morningstar Investment Management Europe Ltd has announced the launch of five new USD denominated multi-asset portfolios designed to meet the needs of advisers serving global citizens, whose financial situation spans more than one country. 

The firm writes that financial advisers are increasingly looking to provide investment solutions to clients with money outside the UK. Morningstar Investment Management Europe Ltd’s new international portfolios are designed to meet this need by providing advisers with access to Morningstar’s global research, asset allocation and portfolio construction capability. 

The series, available on the Novia Global platform, comprises five portfolios aligned to Morningstar’s established risk profiles: cautious, moderately cautious, moderate, moderately adventurous, and adventurous.
Additional information about the portfolios: 
•    The multi-asset portfolios are internationally focussed, low-cost, tax efficient*, and underpinned by Morningstar Investment Management’s leading asset allocation expertise. 
•    They are comprised primarily of passive funds, but also have exposure to active funds if there is the potential for added value within the fee structure.
•    The portfolios invest across a range of asset classes such as equities, fixed interest, and cash, all of which are held outside the UK (non-UK situs).
Mike Coop, Chief Investment Officer, EMEA, Morningstar Investment Management Europe Ltd, says: “The launch of these new portfolios could not have come at a better time. As we approach the end of the year, clients are increasingly focused on financial planning for 2022. For international advisers wanting a clear objective, international focus, sound risk management and cost efficiency, these portfolios will help reach their financial goals, investing for retirement, saving in a chosen currency or tax efficient investing.”

Author Profile