ARC Research, a member of independent investment consultancy the ARC Group, has launched the ARC Inheritance Tax Portfolio Index (AIP).
The AIP, which is based on the actual returns being delivered by IHT portfolio managers, can be used as an investment performance yardstick by investors.
The index is based on real performance numbers net of fees supplied by 10 businesses managing portfolios qualifying for business property relief (BPR).
ARC Research director Daniel Hurdley commented. “This type of portfolio has been increasingly popular as a tool for IHT mitigation, but there was no suitable peer group yardstick available and no standardisation of performance reporting.
“The AIP provide investors with the confidence that data has been collected in the same rigorous manner for all the data contributors.”
“Adding the AIP to the suite of our unique peer group indices, will allow trustees and intermediaries to place performance of IHT portfolios against a suitable peer group.”
ARC managing director Graham Harrison said: “What people like about the indices is that they are based on the actual returns that investment managers are producing for real client portfolios. There are no pre-set asset allocations, no concentration limits and no simulated or model performances are used.”
The Inheritance Tax Portfolios Indices are available through a web-based subscription service free of charge, along with the PCI, ACI and a range of other analysis for intermediaries.