Standard Life Wealth, the discretionary fund manager, has added five new conventional portfolios to its Managed Portfolio Service (MPS) on the new Standard Life Investments Hub.
The MPS enables advisers and their clients to access the same investment approach as the Standard Life Wealth full discretionary service.
The new Conventional portfolios extend the Standard Life Wealth range and will complement the existing Target Return portfolios, in terms of the client needs they seek to fulfil.
Conventional MPS portfolios 1, 2 and 3 may suit clients who would like to draw an income from their portfolio, while Conventional MPS portfolios 4 and 5 may suit clients seeking capital growth with a higher attitude to risk.
Key benefits of the range include:
• Access to the expertise and research capabilities of Standard Life Wealth and Standard Life Investments
• Independent Strategic Asset Allocation advice from Moody’s Analytics (previously Barrie & Hibbert)
• A risk-based approach to portfolio construction that is designed to fit easily with adviser suitability processes
Richard Charnock, CEO, Standard Life Wealth, says: “With the five new Conventional portfolios joining the existing Target Return portfolios, we can now offer one of the most comprehensive MPS solutions in the market.
“We can support advisers by helping them meet a much wider range of client needs. This is a clear demonstration of leveraging the expertise of Standard Life Wealth and Standard Life Investments to provide positive solutions for advisers, their clients and their businesses.”
