Aberdeen Standard Capital, the discretionary fund manager, is pleased to announce that its Managed Portfolio Service (MPS) is now available on both Novia and Transact's Adviser platforms. The decision to extend the availability of the MPS to third party adviser platforms is due to the ever increasing demand from advisers and their clients. Advisers will have access to a range of risk rated portfolios, mapped to a variety of risk mapping tools, catering for the full spectrum of client needs; growth, preservation, yield and decumulation.
Aberdeen Standard Capital's investment expertise and access to Aberdeen Standard Investments' extensive research capabilities has helped the MPS proposition to break through £1 billion in assets under management. The Milestone coincides with the three-year anniversary of the Conventional strategy.
Richard Charnock, Chief Executive Officer at Aberdeen Standard Capital said:
"This is a significant step forward for our MPS proposition – partnering with established players in the platform market will broaden our reach to more advisers and help them deliver good outcomes for their clients."
"Achieving over £1 billion in assets under management is a significant milestone for us, highlighting the demand from advisers looking to outsource day to day investment management, while retaining full control of the client relationship. Our model portfolio range showcases the combined strength of our global investment process and idea generation, which help us to uncover compelling global fund selection ideas."
MPS portfolios are available via Standard Life platforms and tax wrappers (excluding stakeholder) and via both Novia and Transact platforms.