Isio launches low-cost MPS for advisers utilising selective active management

The firm said its MPS, which has been in-house since April this year, is made up of seven low-cost outsourced investment portfolios. The launch, it said, was in response to a "competitor landscape that is cluttered with solutions that are overly diversified with no conviction, priced expensively in a way that drags on performance, and lacking in clarity with an over-reliance on active management". Isio said it would selectively employ active management "only in areas where evidence has consistently proven to add value". It said this approach would ensure clients benefit from active ma...