Oakglen Wealth named as manager of Blacktower portfolios

Wednesday 05 June 2024

An independently-owned wealth manager with offices in Jersey and London has assumed investment management of a range of portfolios.

Oakglen Wealth has been appointed by Blacktower to manage its new Portfolio Management Service.

This will be a discretionary service utilising a blended portfolio of Libero funds: the Nexus Global Solutions Portfolio, the Nexus Global Dynamic Portfolio, and the Nexus Global Cautious Portfolio.

Group Chairman of Blacktower Financial Management Group, John Westwood said: “The launch of the blended international Portfolio Management Service underpins our expanding Libero fund range, continuing to provide excellent service to our clients.

"This significant appointment brings substantial cost-saving benefits and underscores our commitment to providing a premium service at a competitive price, guaranteeing optimal outcomes for our clients in line with the new Consumer duty."

Dominic Tayler, Managing Director of Oakglen Wealth UK, added: “Oakglen is delighted to expand its service to Blacktower to support their clients in achieving the right outcome.”