Fears tech limitations could stall MPS on its upward trajectory

‘There have been a few changes and challenges around growth in general’

Hope Coumbe
clock • 1 min read

The growing managed portfolio service (MPS) industry is likely to be faced with a bottleneck situation thanks to lacklustre technology, Legal & General Investment Management (LGIM) warns.

Speaking to Professional Adviser, fund manager Francis Chua said there are lots of "plumbing and piping" issues for the MPS industry. "There is a challenge around technology and platform advancement," he explained. "As the industry grows, this will become more obvious. "UK listed and Irish domiciled funds are friendly to UK platforms, but exchange-traded funds (ETFs) should also be friendly." Chua said the exclusion of ETFs from MPS solutions could hamper their popularity. "At the moment, platforms have a wide variety of building blocks, but if you compare it with the whole univ...

To continue reading this article...

Join Professional Adviser for free

  • 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 Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read