The expected growth of model portfolio services (MPS) could cause a “crunch” for the platforms on which they run, according to Equisoft.
The "crunch" warning comes as 69% of 500 UK-based financial advisers expect to have more assets under management (AUM) in MPS in future, the digital provider's Transforming Investment Management: The Rise and Risks of Model Portfolio Services report found. More than half of advisers (51%) now use MPS for more than half of their clients, with regulation, cost (40%) and choice the key factors in their decision-making, it also found. "It remains an invaluable investment solution for advisers struggling with rising regulatory demands and complex markets," the report stated. The researc...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
