Brewin Dolphin adds passives range to managed portfolio service

Re-balanced monthly

Brewin Dolphin has launched a passive portfolio range for IFAs using its existing managed portfolio service (MPS).

The new range, MPS Passive Plus, encompasses five core risk-rated models: cautious, income, balanced, growth, and global equity. The models will be re-balanced monthly to ensure they reflect key developments in investment markets. Brewin Dolphin's asset allocation committee will manage the range, while underlying funds will be chosen by the group's MPS investment committee. The team will also be able to allocate to active funds where they believe it would benefit the portfolio and passive funds might not offer effective replication. Five UK DFMs form partnership to educate advisers...