BlackRock launches first MPS range on Transact platform

Transact platform has been ‘further enhanced’ through the provision of the Transact - BlackRock MPS, it said

Jenna Brown
clock • 2 min read

Transact has selected BlackRock to provide and manage the Transact - BlackRock Model Portfolio Service (MPS) to the financial adviser community.

It is the first time BlackRock, the world's largest asset manager, has managed an MPS range on a UK advisory platform. Transact said the service was being launched to extend the choice of discretionary investment managers to financial advisers. It said advisers were increasingly outsourcing investment management, via discretionary investment manager models and multi-asset funds hosted on platforms. It added that this was driven by a desire to "reduce cost and risk, with assets managed by the third-party discretionary investment managers on the Transact platform more than doubling i...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Managed solutions

by Justin Onuekwusi, head of retail multi asset funds at LGIM will lead the MPS

Richmond Wealth partners with LGIM for model portfolios

Six model portfolios are set to be created as part of the collaboration

Kathleen Gallagher
clock 20 February 2023 • 1 min read
Assessing the many nuances of model portfolio construction

Assessing the many nuances of model portfolio construction

'Evidence-based investing is simple in concept but complex in execution'

Yariv Haim
clock 15 February 2023 • 5 min read
Titan Wealth to manage LEBC/Aspira MPS investments

Titan Wealth to manage LEBC/Aspira MPS investments

Investment house and advice firm in strategic partnership

Jenna Brown
clock 23 January 2023 • 1 min read