{"id":2233,"date":"2019-09-09T09:00:00","date_gmt":"2019-09-09T09:00:00","guid":{"rendered":"https:\/\/www.brewin.co.uk\/group\/media\/news-and-comments\/2019-11\/brewin-dolphin-adds-two-new-models-to-mps\/"},"modified":"2023-11-06T09:23:06","modified_gmt":"2023-11-06T09:23:06","slug":"brewin-dolphin-adds-two-new-models-mps","status":"publish","type":"rbcwm_news","link":"https:\/\/www.brewin.co.uk\/group\/media\/news-and-comments\/2019-09\/brewin-dolphin-adds-two-new-models-mps","title":{"rendered":"Brewin Dolphin Adds Two New Models To MPS"},"content":{"rendered":"

Brewin Dolphin, one of the UK\u2019s leading wealth management companies, will add two new <\/span>models to its successful Managed Portfolio Service (MPS) in September. The two new portfolios, entitled Cautious Higher Equity<\/em> and Income Higher Equity<\/em>, will sit at the more cautious end of the risk spectrum. The new models will be added to its Active and Passive Plus ranges and sit across 12 platforms. The introduction of the two new models will coincide with an adjustment to the strategic asset allocation of the Cautious and Income models, resulting in a reduction of risk.<\/span><\/p>

Brewin Dolphin\u2019s MPS portfolios move from five to seven from September 2019:<\/span><\/p>

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The two new models are being introduced to meet the needs of advisers and their clients, who are increasingly seeing a requirement for more choice amongst risk-averse clients. The new additions will increase the number of MPS model portfolios from five to seven and will provide advisers with a greater choice of investment strategies.<\/em><\/p>

Brewin Dolphin\u2019s MPS now manages over \u00a33.5bn of advisers\u2019 clients\u2019 money, and our intermediary division as a whole manages \u00a313.4* billion of assets for over 1,700 advice firms either on a discretionary basis or via our MPS.<\/span><\/p>

Antony Champion, head of intermediaries, Brewin Dolphin, said: \u201c<\/em><\/span><\/strong>We believe the two new models in MPS will give advisers\u2019 clients greater investment choice and will cater for those who are more risk averse or are looking for more protection for their capital. As always, we will continue to evolve the service to further support advisers.<\/span><\/em><\/p>

He added: \u201cWe aim to support the adviser community, as a result, we received feedback that further choice at the lower end of the risk spectrum was required. We\u2019re grateful to the adviser community for their continued support; some of whom have supported MPS for over a decade and who continue to benefit from the service\u2019s strong investment performance, transparency and value<\/span><\/em><\/em>.\u201d<\/span><\/p>

In 2018, Brewin Dolphin enhanced its MPS by leveraging <\/span>its economies of scale to reduce the third-party manager charges and pass that benefit on to advisers\u2019 underlying clients. At the core of the structure are four manager-of-managers <\/span>funds <\/span>that <\/span>allocate <\/span>a <\/span>proportion <\/span>of <\/span>each <\/span>fund <\/span>across <\/span>a <\/span>number <\/span>of <\/span>third-party managers. For UK equity, UK equity income, North American equities and global bonds, Brewin Dolphin\u2019s MPS <\/span>is now investing directly with chosen third party managers via segregated mandates instead of via their retail <\/span>funds.<\/span><\/p>

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–ENDS-<\/strong><\/span><\/p>

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PRESS INFORMATION<\/span><\/strong><\/p>

For further information, please contact: <\/span><\/p>

Richard Janes <\/span>richard.janes@brewin.co.uk<\/span><\/a> \/ Tel. +44 (0) 20 3201 3343<\/span><\/p>

Si\u00e2n Robertson: <\/span>Sian.Robertson@brewin.co.uk<\/span><\/a> \/ Tel: (0) 20 3201 3026<\/span><\/p>

Anita Turland: <\/span>anita.turland@brewin.co.uk<\/span><\/a> \/ Tel: (0) 20 3201 4263<\/span><\/p>

Payal Nair <\/span>payal.nair@brewin.co.uk<\/span><\/a>  \/ Tel: +44 (0) 20 3201 3342<\/span><\/p>

Camarco: <\/span>brewin@camarco.co.uk<\/span><\/a> \/ Tel: +44 (0)20 3757 4980<\/span><\/span><\/p>

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NOTES TO EDITORS<\/strong><\/p>

Disclaimers: <\/span><\/p>