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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.
It will offer funds and model portfolios ‘to meet growing demand’ from financial advisers
Schroders has launched Schroder Investment Solutions which will deliver a series of “low-cost” model portfolios and multi-asset funds.
In response to demands from financial advisers, Schroder Investment Solutions will deliver funds and model portfolios which meet a wide range of clients’ investment needs and risk profiles. The offering will be available on several platforms in May.
Alex Funk, who has been named chief investment officer of Schroder Investment Solutions, will oversee the management of £4bn ($5.53bn, €4.65bn) of assets, supported by his team of investment experts.