Rathbones is set to launch an upgraded model portfolio service (MPS), the first in a series of new investment offerings since its merger with Investec Wealth & Investment.
Designed for advisers and their clients investing over the medium to long term, the MPS offers a suite of seven actively managed portfolios, aligned to a range of comfort levels and risk from adventurous to conservative, the wealth manager said.
In ascending order of risk target, the seven portfolios are: conservative, cautious, cautious+, balanced, balanced+, growth, growth+. The portfolios will be made available on 14 adviser platforms in the autumn.
The underlying funds powering each portfolio is managed by David Coombs, head of multi-asset investments at Rathbones Asset Management alongside fund manager Will Mcintosh-Whyte, while the portfolios themselves are managed by Andrea Yung.
The wealth manager said the portfolios are actively managed, constructed from the ground up using three ‘building blocks’ funds which will be launched exclusively for this service.
The ongoing charges figure for the portfolios is capped at 0.5%, with no discretionary fund manager fee applied.
Simon Taylor, head of strategic partnerships at Rathbones Investment Management, said: “The launch of this upgraded MPS is a symbol of what we’ve achieved by combining the strengths of two established firms. Our MPS range gives advisers and their clients access to high-conviction, transparently managed portfolios run by people they can trust – not algorithms or templated asset mixes.
“It’s about giving people choice and control, with the reassurance that there’s a trusted team behind the scenes doing the heavy lifting. Especially in times of market uncertainty, many investors want expert guidance rather than going it alone.”
David Coombs, head of multi-asset investments at Rathbones Asset Management, added: “With a direct line of sight on the underlying holdings and the ability to move swiftly, we’re able to keep portfolios aligned with client outcomes – even when conditions are volatile. In this market, agility matters. Our model funds aren’t just designed and left to drift – they’re actively monitored and adjusted in real time – without the settlement lags and trading delays often seen in fund-based models – with changes implemented quickly when needed.”
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