Even managed portfolio services (MPS) solutions cannot consistently hit the mark on asset allocation, Quilter has warned.
Speaking at PA360 today (25 April) investment director Filippo Madonia said there were still factors advisers had to consider as interest in MPS solutions continues to skyrocket. Madonia warned it is "impossible to pick out the best asset class year to year". Despite this, he told advisers to consider investing in a broad range of assets "with smooth the investment journey for the client" with an MPS solution also allowing them to personalise that to client's risk profile as well. Madonia was quick to expel the myth that certain tropes are unique to MPS. "Multi-asset investing i...
To continue reading this article...
Join Professional Adviser for free
- 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