Clients will be able to choose between four investment portfolios that cover a wide range of investment objectives and risk profiles: International MPS Defensive, Cautious Balanced, Balanced, and Growth. Investors will also benefit from multi-currency options, allowing investments to be made in sterling, euros or dollars, the firm said in a statement.

Investors in the portfolio service will have access to day-to-day active asset management by BMI and benefit from exposure to all asset classes.

“The International MPS is tailored specifically for our growing international client base,” said John Davey, chief executive.

Jersey-based Praemium International will provide administration, execution and custody services for the International MPS, the statement said.

As of 30 September 2013, BMI had £5.37 billion ($3.27 billion) of funds under management.