Can Schroders tempt advisers away from DFMs with low-cost MPS range?
Schroders Investment Solutions launches on platforms next month following adviser demand
Schroders’ latest investment solutions offering has been heralded as “good pedigree” and competitive on costs, but does its offer enough to lure advisers away from the traditional route of using a discretionary fund manager for their model portfolio services?
On Wednesday Schroders announced the launch of a series of low-cost multi-asset funds and model portfolios to become available on platforms next month following adviser demand.
Schroder Investment Solutions will be overseen by Alex Funk (pictured) who has been named as chief investment officer of the new service, with support from a team of investment experts.