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Counsel Launches Two New Pools Aimed at Mass Affluent Investors; Adds Leading Money Managers to Roster
Counsel Launches Two New Pools Aimed at Mass Affluent Investors; Adds Leading Money Managers to R...
About this update from Igm Financial Inc.
[{"type":"text","content":"\n \n \n \n Counsel Launches Two New Pools Aimed at Mass Affluent Investors; Adds Leading Money Managers to Roster\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 2, 2023\n \n \n /CNW/ - Counsel Portfolio Services (Counsel) today announced the launch of two new investment solutions under its IPC Private Wealth Visio Pools offering\n \n .\n \n \n \n Designed specifically for mass affluent investors, the asset allocation structure for the new pools –\n \n IPC Private Wealth Visio Global Advantage Balanced Pool\n \n and\n \n IPC Private Wealth Visio Global Opportunities Balanced Pool\n \n – features a concentrated selection of global equities representing the 'best ideas' of each Pool's equity manager. Rounding out its asset allocation are a laddered bond strategy for income and stability, and selected ETFs for added diversification.\n \n \n \"The asset allocation for IPC Private Wealth Visio Pools replicates a strategy often used by the ultra-wealthy, said\n \n Sam Febbraro\n \n , President & CEO, Counsel Portfolio Services. \"By combining a concentrated high-conviction equity mandate with laddered bonds and ETFs, we can provide our investors with a similar strategy in a single-ticket portfolio that is easy to explain,\" he added. Mawer Investment Management will manage the global equity mandate for IPC Private Wealth Visio Global Advantage Balanced Pool, and EdgePoint Wealth Management will manage the global equity mandate for IPC Private Wealth Visio Global Opportunities Balanced Pool.\n \n \n \"With Mawer and EdgePoint, advisors will have access to two of the country's leading equity money managers, each with compelling investment philosophies and proven long-term track records of success,\" explained\n \n Blair Setford\n \n , VP Product Management, Counsel Portfolio Services.\n \n \n Both pooled solutions will be available on or about\n \n November 6, 2023\n \n .\n \n \n \n Brown Advisory to Sub-Advise New Counsel U.S Growth Equity Component\n \n \n In tandem, Counsel ...