UK-based independent financial advisory firm One Four Nine Group has rolled out an in-house DFM portfolio management arm just one month after opening for business.
One Four Nine Portfolio Management will offer a range of active, passive and sustainable model solutions. It will be led by chief investment officer Bevan Blair.
The MPS range will be made available on “a number” of mainstream platforms including Parmenion and 7IM, the firm said.
The company launched in October with two acquisitions of regional advisory businesses last month, totalling more than £300m ($402m, €350m) in assets under management.
Blair said: “I am delighted to see One Four Nine Portfolio Management officially launched thanks to the hard work of our in-house team. We firmly believe that successful investing is founded on a thorough and robust intellectual framework underpinning all decisions and we place protection of client capital at the heart of our investment philosophy.
“Advisers are actively looking for ways to strengthen their proposition as they face increasing pressure from regulatory and administrative burdens which progressively take up vital resources.
“By centralising the investment management of client assets and supporting materials – including analysis and portfolio performance reporting materials across a competitively priced suite of products – we are the natural partner of choice for advisers wishing to place a greater focus on relationships with clients and introducers.”
‘Significant aspect’
Matthew Bugden, chief executive of One Four Nine Group, added: “One Four Nine Portfolio Management is a significant aspect of our business and future growth plans.
“We prioritised building an in-house fund management service because we understand how important it is for advisers to have access to a central investment proposition – whether it be a bespoke discretionary solution for suitable clients or our flagship model portfolios – along with extensive support to reduce the administrative and regulatory burden.
“We are already seeing interest from quality advisers who are attracted by the fact we can competitively offer them and their clients so many services under one roof.”
