Mattioli Woods strikes multi-asset fund deal with BlackRock

Adds to partnerships with J.P. Morgan Asset Management and T. Rowe Price

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Mattioli Woods has struck a deal with BlackRock for its passive multi-asset range to invest exclusively in the asset manager’s iShares funds.

The wealth manager said the agreement will enhance its centralised investment proposition (CIP) and expand access to institutional-quality investment products for advisers and clients. It will also improve efficiency, scalability and cost effectiveness, the firm added.

Mattioli Woods already has partnerships with J.P. Morgan Asset Management for its bespoke actively managed growth portfolios, and T. Rowe Price for its actively managed income portfolios.

Dean Cheeseman, managing director of client investment solutions at Mattioli Woods, said: “Enhancing our passive multi-asset fund range in collaboration with BlackRock marks another important step in the continued evolution of our centralised investment proposition.

“By combining our established fund framework with BlackRock’s global scale and investment expertise, we are able to deliver high-quality, risk-managed solutions at a highly competitive price point for our clients.”

Heather Christie, managing director, UK Wealth at BlackRock, added: “We are delighted to have been selected by Mattioli Woods to help strengthen their centralised investment proposition.

“Access to scalable, index‑based solutions can help advisers deliver diversified portfolios efficiently, supporting choice, and underscores a shared commitment to helping clients meet their long‑term financial goals.”

See also: Wellington launches multi-manager absolute return fund