Schroders Model Portfolios continues to expand distribution reach across two additional UK platforms

Schroders Investment Solutions[1], which delivers a series of low-cost Model Portfolios and Multi-Asset funds, is today announcing that its new Model Portfolio Service (Schroders MPS), is now available on two additional UK advised platforms.

Transact and Quilter are the two latest platforms which now offer access to Schroders MPS, following increasing demand from financial advisers. Schroders MPS is now available on a total of twelve platforms across the UK market.

This exciting new low-cost Model Portfolio Service has £4 billion of assets under management[2] and consists of the Schroder Active, Strategic Index and Sustainable ranges. Offering an annual management charge of only 15bps, each range has between six and nine model portfolios covering a large spread of risk ratings.

Gillian Hepburn, Head of Intermediary Solutions, Schroders Investment Solutions commented:

“Our recent UK Financial Adviser Pulse Survey indicated that the top factor considered when selecting a Model Portfolio Service was performance, followed in second place by cost. With this in mind, we are constantly listening and responding to customer feedback to ensure that we are delivering attractive solutions that are designed to be cost-effective and also provide robust and sustainable returns for our clients.

“It is fantastic to see our distribution capabilities continue to go from strength to strength, enabling us to meet financial advisers’ growing demand for an accessible range of low-cost funds and model portfolios.”

Jonathan Gunby, CEO of Transact commented:

“At Transact we do our best to offer choice and to accommodate requests from advisers wherever possible.  We are therefore very pleased to make the Schroders MPS available on Transact."

 

[1] Schroders Investment Solutions was launched earlier this year with the appointment of Alex Funk as Chief Investment Officer. The business offers UK financial advisers competitively priced funds and model portfolios which meet a wide range of clients’ investment needs and risk profiles.

 

[2] As of 30 June 2021, UK only