portfolio adviser media partner step indices

Portfolio Adviser has been appointed the media partner for the new Trustee Managed Portfolio Indices, launched by the Society of Trust and Estate Practitioners and produced by the Enhance Group.

portfolio adviser media partner step indices

The indices have been launched as an alternative to the existing benchmarks which have become outdated in the wealth management sector and have been designed in association with the Society of Trust and Estate Practitioners (Step), which will offer them as a new service to its 17,500 members.

They will also be available to all private client portfolio managers who register, allowing them to compare their clients’ portfolios with the performance and volatility of these indices. To ensure confidentiality, the individual investment manager reports will only be available to that member investment manager.

What will be available to a wider audience is the performance and volatility of the indices, produced by Enhance using actual private client portfolio data provided from thousands of live private client portfolios across three risk profiles – low, moderate and high.

The indices are then based on time horizon, volatility and drawdown. For example, the low-risk index is deemed suitable for risk-averse and short-term investment objectives, aiming for volatility of <6% with a maximum drawdown of 10%.

This increases to a ten-year+ time horizon, 10%+ volatility and drawdowns in excess of 20% for the high-risk index.

There will also be sterling, euro and dollar versions of the indices.

Gary Corcoran, group editor of Portfolio Adviser, commented: “These indices will not only provide valuable information to those running private client mandates when comparing their relative performance and risk profile, but also in the design of those portfolios in the first place.”

Richard Sayers, chief executive of Trustee MPI Ltd, added: “We believe that the service will enable investment managers to demonstrate that their performance and risk is subject to third party scrutiny and verification by specialist analysts in association with a global organisation. This should have benefits for clients and prospects of the investment managers as well as compliance and regulation”.


Further information:

About Portfolio Adviser

Portfolio Adviser is a leading publication for wealth managers and other professional investors in the UK and Channel Islands. Its news analysis website, monthly magazine and Expert Investor  events keep its readers up-to-date with the latest investment ideas, macroeconomic developments and industry trends to enable them to make better investment management selection, portfolio construction, asset allocation and fund selection decisions.


About Enhance Group

Enhance Group is made up of Enhance Investment Reporting Limited, Enhance Treasury Services Limited and the Jersey Financial Services Commission regulated company, Enhance Wealth Consultancy Limited.  It provides a wide range of investment oversight services together with treasury and cash management solutions to a spectrum of different clients from high net worth individuals to charities and fiduciary structures.  Operating across ten geographical locations, with £9bn under administration, Enhance ensures long term, successful investment solutions, which are built on integrity, experience and professionalism and the ability to consistently deliver to the high standards commanded by the fiduciary sector.


For further details please contact:

Gary Corcoran
Group Editor, Portfolio Adviser and International Adviser
[email protected]
+44 (0) 20 7065 7566


Richard Sayers
CEO, Enhance Group Limited
[email protected]
+44 (0) 1534 761505

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