The Tatton blended portfolio range contains funds that mirror the core portfolios of its platform-based discretionary fund management (DFM) service. These are defensive, cautious, balanced, active, aggressive and global equity portfolios.
Tatton said the range will enable IFAs to provide a complete centralised investment proposition (CIP) to clients across all investment wrappers.
Lothar Mentel, chief executive at Tatton, explained: “It’s clear that with £4.4bn under management, advisers want to adopt our service across all their clients’ investment wrappers and offer a genuine centralised investment proposition.
“It’s a natural development to make it available to advisers through our own funds alongside our platform portfolio service. This is our first standalone portfolio replicating fund launch and is a key part of our development.”
The funds have an annual management charge of 0.30% and an ongoing charges figure of 0.56% for cautious, 0.59% for balanced and 0.64% for its active portfolio.
Mentel added: “Cost is now, quite rightly, seen to be as important to investment performance as long-term risk-return premia so, we were determined to create a fund range that matches our low charging ethos for our platform portfolios and mirrors our ongoing investment management activity.”
In December, Tatton Asset Management chief executive Paul Hogarth (pictured) said an increasing number of IFA businesses were finding it difficult to manage money on platforms by themselves and, therefore, Tatton is seeking to form strategic partnerships with distribution businesses or platforms where it could white-label investment solutions.
Around the same time the firm commissioned a piece of research, conducted by The Lang Cat, that analysed three methods of CIP. It concluded that pressure from Mifid II would lead to an increasing number of advisers using a multi-manager/multi-asset fund or outsourcing the process to a DFM.
