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Article: Private eye on your assets
- Article from:
- The Independent (London, England)
- Article date:
- January 1, 1996
- Author:
CopyrightCopyright 1996 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
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New year is the traditional time for taking stock and
evaluating past performance, and reorganising for a better year.
Now serious private investors can subscribe to a quarterly
tracking service that not only sets out how a portfolio has
performed but also tries to analyse why and how it has deviated
from a standard mix of investments.
The Quarterly Performance Audit Service (QPAS) is being launched
this month by Cantrade Investments, a discretionary fund manager
wholly owned by UBS. It takes on only clients with a minimum of
pounds 500,000.
The deputy managing director, Robert Brown, said: "This is not
an exercise to bring us potential clients. We don't have any unit
trusts. We are spending ...