The high-conviction GPS Global Equity Portfolio Service is aimed at investors with a higher risk tolerance and significant funds to invest. Its model portfolio will comprise 20 to 40 global stocks, each with a minimum market capitalisation of $1 billion. The investment team will use Quest, the group's proprietary equity research tool, which identifies companies that generate attractive cash returns on capital, as well as its own expertise, to select stocks.

“The GPS Global Equity Portfolio Service was developed to meet growing client demand for offerings that provide exposure to a high quality mix of larger cap global equities,” said David Esfandi, chief executive of Canaccord Genuity Wealth Management in the UK.

“By leveraging the strong performance track record of our investment team, in combination with the broader resources available across our global business, clients are now able to take advantage of our high conviction ideas in the form of a dynamic global direct equities portfolio.”