Adviser platform AJ Bell Investcentre has launched a third-party managed portfolio service (MPS) which will offer clients access to external discretionary fund managers.
The MPS, which will sit alongside AJ Bell's multi-asset funds and its existing AJ Bell MPS option, will initially give advisers access to managed portfolios from FE Investments and LGT Vestra. Brewin Dolphin is due to be added to the service soon, while other third-party MPS partners will be added to match demand. Clients will pay AJ Bell's existing platform charge when using the new service as well as the charge levied by the MPS provider. All AJ Bell funds found to offer good value in AoV report Billy Mackay, marketing director at AJ Bell Investcentre, said: "Expanding our model ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
