IFA Magazine MPS Awards Presentation London Friday 21st October
At IFA Magazine, we are proud to fly the flag and celebrate how the use of Managed Portfolio Services (MPS) has transformed advisers’ ability to help more and more of their clients to obtain cost effective, diversified investment solutions.
That’s why we felt the time was right this year to recognise excellence amongst providers of MPS and shine a spotlight on them through the inaugural IFA Magazine MPS awards.
We were delighted to be joined by our winners and some of their teams last Friday to celebrate their achievements in winning awards in our inaugural IFA Magazine MPS Awards. Hidden below Change Alley in part of the original vaults of the Bank of England is the wonderful Eightmembers Club who hosted our event for us.
The atmosphere was relaxed and convivial and following the last few years of avoiding large gatherings we decided to keep our ceremony small to enable everyone to meet and mingle over a few glasses of fizz and delicious canapes.
Our CEO and Managing Partner Alex Sullivan presented each of our winners with a specially commissioned award from the artist James Newbold, an individually thrown ceramic bowl and handcrafted wooden award stand. James’ extraordinary ceramic work can be found on his gallery pages here and we think there may be internal competition as to who gets to display these back at the office.
Zoe Cossins, Senior Associate Partner at Sarasin & partners said: “Advisers and their clients are central to our MPS proposition, and we know how imperative it is for an investment partner to deliver a high level of support. We are continually striving for excellence, seeking to understand advisers’ service requirements and acting on them, so it’s fantastic to be positively recognised for this.”
Ben Faulkner, Communications Director at EQ Investors said: “We are over the moon that the judges recognised our focus and passion for sustainability which has been driving our investment team for over a decade now. Whether a client wants to invest sustainably at a low cost, actively invest in companies providing solutions to the challenges we face, or support the world’s transition to net zero, our range of sustainable solutions can cater for most needs.
“These dedicated awards celebrate excellence in model portfolio services, and we are extremely pleased to be named Best Sustainable/Responsible MPS at the inaugural awards.”
Mark Northway, Investment Manager at Sparrows Capital Limited: “We are absolutely delighted with the award for Best Innovation in MPS. We firmly believe that the benefits of scale in the investing world should accrue to the end investor, not to the industry. Our SCore MPS product suite does this by leveraging platform technology to deliver institutional quality product to advisers and their clients at a market-leading price point.
“It is heartening to see MPS coming into its own. Investment management is a highly specialised and technical activity better addressed through a professional outsourcing approach than through a sub-scale in-house allocation process. Advisers are increasingly aware of the benefits of separating and delegating specialist non-client functions.”
Fay Hendon, Head of UK Intermediary Business Development at HSBC Asset Management: “HSBC Asset Management are proud to be recognised as best newcomer MPS by IFA Magazine 2022. This award highlights the strength of our proposition and the strong network of relationships we have with our advisor community.“
The winners in each category were:
Overall MPS Provider Winner – EBI Portfolios Ltd
Innovation in MPS Winner – Sparrows Capital Limited
Best Client Service in MPS Winner – Sarasin & Partners
Best MPS Newcomer Winner – HSBC Asset Management
Best Sustainable/Responsible Investing MPS Winner – EQ Investors
Best MPS Technology/Platform Winner – EBI Portfolios Ltd
Our hugely popular annual MPS Report is testament to this growth and success of MPS amongst the adviser community. The 2022 IFA Annual MPS Report, researched and written for us by leading compliance consultant, Tony Catt, is now available to readers and can be obtained HERE.