Tilney adds MPS range to 12th Platform

Leading UK investment management group Tilney, which includes the intermediary division, Tilney for Professionals, working with independent financial advisers to assist with their discretionary fund management (DFM), has launched its model portfolio range (MPS) on the Hubwise platform. This is the twelfth platform that its MPS range is on, with others including Nucleus, Transact and Aegon.

The models were launched in 2011 and are primarily made up of Collective Investment Schemes. There are five risk based models and two income strategies available, which are mapped to the risk profile tools of Dynamic Planner and FinaMetrica. In addition, Tilney has built a proprietary risk modelling tool, Efficient Frontier, which ensures portfolios remain within designated risk bands.

Lucy Minton, Business Development Director at Tilney for Professionals, commented: “Launching our model portfolios on another platform reinforces our commitment to the UK adviser market place. We have £180m of AUM in the models across various platforms and more than £2bn of externally advised assets across our bespoke, managed portfolio and unitised DFM offerings. Hubwise is a new player in the platform space but has already made big inroads into the market and we are excited to be working with them.”

Angus Macdonald, Chief Executive Officer at Hubwise, added “At Hubwise we aim to constantly enhance our service offering to ensure we always meet the needs of our users. We are delighted to introduce Tilney’s Model Portfolio Service for our platform users to access. We look forward to what we hope will be a long and fruitful relationship with Tilney.”

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