Rathbones is set to launch an upgraded model portfolio service (MPS) for financial advisers and their clients.
The range includes seven actively managed portfolios, designed for those investing over the medium to long term, with risk levels from conservative to adventurous.
The portfolios will be available on 14 adviser platforms in the autumn.
Ongoing charges are capped at 0.5%, with no discretionary fund manager fee.
The investment team is led by David Coombs, head of multi-asset investments at Rathbones asset management, alongside fund manager Will Mcintosh-Whyte, and the portfolios are managed by Andrea Yung, who previously led MPS at Investec Wealth & Investment.
Each portfolio is built from three new ‘building blocks’ funds based on Rathbones’ own risk framework.
Existing MPS clients will move to the enhanced service at a lower cost.
Rathbones’ transition team will work with adviser platforms to reduce disruption.
Simon Taylor, head of strategic partnerships at Rathbones Investment Management, said: “The launch of this upgraded MPS is a symbol of what we’ve achieved by combining the strengths of two established firms.
“Our MPS range gives advisers and their clients access to high-conviction, transparently managed portfolios run by people they can trust – not algorithms or templated asset mixes.
“It’s about giving people choice and control, with the reassurance that there’s a trusted team behind the scenes doing the heavy lifting.”
Taylor added: “Especially in times of market uncertainty, many investors want expert guidance rather than going it alone.”
David Coombs, head of multi-asset investments at Rathbones Asset Management, said: “We’ve created these funds to provide truly active, high-conviction and outcomes-led investment solutions at a fair and competitive price.
“With a direct line of sight on the underlying holdings and the ability to move swiftly, we’re able to keep portfolios aligned with client outcomes – even when conditions are volatile.
“In this market, agility matters. Our model funds aren’t just designed and left to drift – they’re actively monitored and adjusted in real time – without the settlement lags and trading delays often seen in fund-based models – with changes implemented quickly when needed.”
