Fidelity FundsNetwork, part of U.K.’s Fidelity Worldwide Investment, has rolled out a model portfolio center for financial advisers that includes an automatic rebalancing service, Financial Times reports. Advisers can share model portfolios or create unique portfolios for individual clients using the new service, adds FundWeb.
Advisers will be able to create bespoke portfolios of up to 30 funds through the model portfolio capability. These model portfolios will be stored to allow advisers revisit earlier versions.
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