Discretionary fund manager 7IM has added an Adventurous Plus model to its Blended Model Portfolio Service (MPS) range.

Discretionary fund manager 7IM saw profits rise to £9.5m in 2021, a rise of 83% from 2020.

Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM.

Fidelity's adviser platform FundsNetwork has added discretionary fund manager 7IM’s range of active model portfolios (MPS).