Invesco has launched a discretionary model portfolio service (MPS) for UK investors.
The range features six investment portfolios across different risk levels, managed by investment solutions director Ben Gutteridge (pictured) and multi-asset fund manager David Aujla.
The portfolios will hold an average of 22 funds each across a variety of asset classes and geographies, with the aim of achieving high levels of diversification.
Invesco funds will be included, but the portfolios will predominantly be invested in funds managed by other firms. The ongoing annual charge for each of the portfolios is 0.1%.
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The new MPS offering has been created by the solutions team within the firm’s multi-asset strategies group, which has been assembling portfolios for a decade and currently manages over $75bn.
The full range, in order of risk target from low to high:
- Invesco Managed Cautious Portfolio, which targets between 25% – 55% of global equity volatility.
- Invesco Managed Cautious Balanced Portfolio, which targets between 40% – 70% of global equity volatility.
- Invesco Managed Balanced Portfolio, which targets between 50% – 80% of global equity volatility.
- Invesco Managed Balanced Growth Portfolio, which targets between 65 – 95% of global equity volatility.
- Invesco Managed Growth Portfolio, which targets between 80% – 110% of global equity volatility.
- Invesco Managed Adventurous Growth Portfolio, which targets between 90% – 120% of global equity volatility
Gutteridge said: “We’ve worked closely with advisers to better understand the challenges the advisory community faces, and so have placed equal importance on delivering a premium level of service, enabling access to our solutions in a straightforward and accessible way, accompanied by exceptional levels of investment support.”
Aujla added: “In an environment of economic uncertainty and changing market dynamics, a diversified investment approach backed by robust research and risk management is as important as ever in achieving investors’ investment goals. Our model portfolios deliver that for a broad range of investor risk appetites.”
This article first appeared in our sister publication, International Adviser
