Sarasin & Partners has partnered with MPA Financial Management to create a bespoke suite of model portfolios for clients of the Midlands-based independent financial adviser.
The MPA Sarasin Tailored Portfolio Service consists of five highly diversified model portfolios designed to meet a range of client risk profiles.
Sarasin & Partners said its Tailored Model Portfolio Service halves MPA’s annual management charges as well as offering elevated reporting features and regulatory alignment with the Consumer Duty.
The £19.6bn global thematic London-based asset manager also said that the range offers access to Sarasin & Partners global thematic investment process, “which seeks to generate alpha by identifying the powerful and inexorable trends shaping tomorrow’s global economy”.
Sarasin & Partners said the partnership demonstrates its commitment to “innovation and efficiency in the portfolio-management space”.
Sarasin & Partners partner and head of UK sales Christopher Cade added: “Consumer Duty has made advisory firms focus on the value they are offering clients and the old-style bespoke discretionary portfolios, with typically higher charges and average performance and service, do not stand up to scrutiny in many cases.
“Our latest Tailored Model Portfolio Service partnership with MPA Financial Management demonstrates our commitment to providing cost-effective bespoke solutions able to meet continually evolving regulatory frameworks, such as the Consumer Duty. With a high-quality team providing high-quality service, our investment capability is designed to deliver long-term growth by being at the forefront of trends set to shape tomorrow’s world.”
MPA Financial Management managing director Phil McGovern added: “Finding a partner that can deliver strong performance while aligning with the latest Consumer Duty standards was our primary objective in sourcing a new service for our clients. Sarasin & Partners’ tailored model portfolio service offers customisation at an attractive cost, enabling us to enhance the value we deliver to our clients.”
