Newport
Private Wealth

An independent review by our team of experts

Newport Private Wealth is an Australian-based discretionary specialist portfolio management firm with an Australian Financial Services Licence.

Services are largely aimed at institutional and ‘sophisticated’ retail investors, rather than the broader individual investor market.

Newport describes itself as a “Boutique Investment Management Firm". Their investment and trading strategies are developed in house which gives them more flexibility.

Newport Private Wealth are NOT licensed or regulated in jurisdictions outside of Australia such as the United Arab Emirates, Singapore, Hong Kong, Thailand, the United States and the United Kingdom for example.

Newport manages multi-asset, multi-manager portfolios using a combination of absolute return managers, relative return managers and passive index tracking ETFs.

The DFM is an established service that has been managing money on behalf of financial advisers for over 10 years and is available for both single and regular investment plans.

Newport Private Wealth's DFM services are primarily of two types:

DFMi: Multi-asset risk-profiled model portfolios for regular premium investment-linked life insurance policies.
DFMp: Multi-asset risk profiled model portfolios for Isle of Man and Guernsey domiciled platforms.

Newport provides model portfolio services for policy/account holders of Isle of Man & Guernsey based life policies & platforms.

This service combines the asset allocation and fund management skills of Momentum Global Investment Management Ltd with the fund research and portfolio construction of Newport.

The model portfolios they provide are:

Cautious,
Balanced,
Growth and
High Growth model portfolios.

These are available in base currencies of US Dollar, Sterling and Euro.

The DFMi service is currently available for offshore regular premium investment-linked life policies offered by:

Old Mutual International (Isle of Man)
Friends Provident International (Isle of Man)
Hansard International (Isle of Man)
RL360 International (Isle of Man)

The DFMp service offers risk profiled model portfolios via the following platforms:

Momentum Wealth International (MWI) - Guernsey
Capital International Group (CIG) - Isle of Man (subject to demand)

Once Newport Private Wealth will processes an application and adds the policy to the DFMi database, they will generate and submit all deals/switches required to move the policy into the selected model portfolio.

They will carry out any ongoing dealing / switching that is required and will report quarterly on portfolio performance and market commentary.

NOTE:

We would recommend reading the 'expert verdict' section of this independent review to make an informed decision.

Additionally, here's a free guide that can help you achieve better results. In this guide, you'll learn:

Academic evidence only shared with a select few firms across the world
A real-life example of why you should never try to outguess the market
Why a fund's past performance is not enough to predict future returns
Why you need to focus on what you can control and why this leads to a better investment experience
Why you should accept the markets for what they are
What can impact behaviour and make people seek instant gratification

The Pros

> Strong brand

> Secure

> Existing business administration

The Cons

> Expensive way to invest

> Active methodology is academically questionable

> Pays retrocession commission to your adviser which can create conflict

What currencies are the model portfolios available in?

These are available in base currencies of:

US Dollar,
Sterling and
Euro.

What are the benefits of Newport Private Wealth's DFMi services?

The benefits, as stated by Newport Private Wealth, are as follows:

Model portfolio construction
“Satellite” fund research and selection
Ongoing model portfolio monitoring and management
Core and Satellite fund performance monitoring
All portfolio dealing / switching is taken care of
Quarterly portfolio reporting via the NAV Global system is done.

Expert assessment of Newport Private Wealth

While Newport Private Wealth is a respected name that provides a range of international actively managed DFM solutions, we believe that there are still better, more cost-effective alternatives available.

If you already have a Discretionary Managed Portfolio with Newport Private Wealth and it is worth £500,000 or more, we strongly recommend you seek a Second Opinion to ensure you are on track to get and keep the life you want.

The information in this material is intended for the recipient’s background information and use only. It is provided in good faith and without any warranty or, representation as to accuracy or completeness. Information and opinions presented in this material have been obtained or derived from sources believed by AES to be reliable and AES has reasonable grounds to believe that all factual information herein is true as at the date of issue. It does not constitute investment advice, recommendation, or an offer of any services or products for sale and is not intended to provide a sufficient basis on which to make an investment decision. It is the responsibility of any persons wishing to make a purchase to inform themselves of and observe all applicable laws and regulations. Unauthorised reproduction or transmitting of this material is strictly prohibited. AES accepts no responsibility for loss arising from the use of the information contained herein.

‘AES’ refers to the AES Group’s separate but affiliated entities generally, rather than to one particular entity. These entities are AES Middle East Insurance Broker LLC registered with the UAE Ministry of Economy, United Arab Emirates, Licence no. 571368, and Commercial Registration no. 75162 and regulated by the UAE Central Bank license no. 189; AES Financial Services Limited, incorporated and registered in England and Wales with company number 06063185, authorised and regulated by the UK Financial Conduct Authority FRN: 464494; AES Financial Services (DIFC) Ltd, registered in the Dubai Financial Centre (DIFC) as a foreign company, license no.2128, and regulated by the Dubai Financial Services Authority (DFSA) Reference No F003476; AES International Limited, a private company incorporated and registered in the British Virgin Islands with company number 1839872; AES International Global Limited, a private company incorporated and registered in the British Virgin Islands with company number 1887885. Please visit our authorisations page for further information on regulation, redress and accessibility.

If you are outside the UK and we advise you or carry out other business, nearly all the rules, regulations and arrangements made under the UK regulatory regime (including the rules made by the FCA and the dispute resolution process provided by the UK Financial Ombudsman Service) will not apply to most aspects of the service you receive, such advice or business being provided from outside the UK. You should therefore clearly understand such rights and protection as are afforded in the jurisdiction where you receive advice. Local law, regulation and redress processes will apply in almost all cases, and will be different from that of the UK.

RISKS

Investments involve risks. The investment return and principal value of an investment may fluctuate so that an investment, when redeemed, may be worth more or less than the capital invested. Past performance is not a guarantee of future results. There is no guarantee strategies will be successful. For further information, please click here.

Newport
Private Wealth

An independent review by our team of experts

REVIEW SUMMARY