The portfolio allocation adjustments will goal six Coutts portfolios, with mixed property beneath administration of £9.8bn cut up throughout 62% equities and 38% bonds.
Dealer Peel Hunt has estimated that the biggest asset transfers will have an effect on the Bold and Balanced funds, with £928m and £612m pulled out of UK shares respectively.
The Managed Fairness portfolio will even face excessive ranges of UK divestment, with £227m price of outflows, whereas the Adventurous fund, Coutts’ highest danger technique with 90% invested in equities, is predicted to recalibrate £89m away from the market.
UK buyers a…
