The range of 37 model portfolios are built using the FE Approved Fund List, which is a shortlist of “best of breed” funds selected within the whole of market.
The portfolios include a variety of asset types, including both active and passive strategies to offer advisers an ‘Active Core’ range, a ‘Hybrid’ range and a dedicated income portfolio. The active and Hybrid ranges both come in five risk levels, with each risk level weighted towards short, medium and long-term investment horizons.
In the fourth quarter last year, FE Invest expanded the MPS with the launch of Responsibly Managed Portfolios, and to date these have raised £5m.
According to FE, the MPS was launched in response to adviser demand for a transparent, straightforward third part offering for investors, while remaining in control of their client relationships.
Rob Gleeson, head of FE Research, said: “Often, the advisers outsourcing to us have never used a discretionary fund manager before and are turning to us to alleviate the pressures of regular rebalancing.
“Many of them have trusted our data to power their businesses from behind the scenes for years so for them it’s a natural progression. We only deliver the models via advisers and all the reporting is white-labelled so that it is the adviser’s brand seen by the end investor.”
