MPS

Launches in response to adviser demand

To bring the service in line with its UK offering

Developed for Surrey-based IFA firm

Consists of five portfolios

Gareth Johnson appointed as head of MPS

Fidelity WealthBuilder MPS available from mid-April

In partnership with structured product specialist IDAD

Timeline 0.09% Tracker - 60 most recommended portfolio

Gives financial advisers ability to independently benchmark portfolios

Passive strategies make up half of top ten as adviser preferences shift