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.
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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%.
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.”
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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.”
