The four funds launched in May 2019 and join other BlackRock Funds which are already part of Dynamic Planner’s independent risk profiling service.
Dynamic Planner is one of the risk rating providers BlackRock employs and enables an accurate assessment of the expected risk characteristics of an investment fund or model portfolio over the longer term.
It performs a vital role in matching the expected risk of a fund or portfolio to that of the end investor’s agreed risk mandate – crucial to enable advisers to meet and exceed the regulator’s suitability requirements.
Pollyanna Harper, Head of iShares UK Intermediary Sales at BlackRock, said: “When it comes to selecting third party experts, we are incredibly diligent and robust in the process and steps we go through.
“Dynamic Planner is a trusted service provider, both in the industry and among advice firms, and, as a risk profiler on a number of BlackRock Funds, it makes sense to expand that mandate to include our newly launched MyMap range.”
Chris Jones, Proposition Director at Dynamic Planner, said: “There is clearly an increasing importance being placed upon diligence, depth and accuracy when it comes to assessing the risk of a solution. Whether it’s the MIFID requirements for liquidity, credit and complexity, or the media focus on what well known funds are invested in, we need to go further than just ‘risk on risk off’ or Equity Bond ratios.
“Services like ours are in more demand than ever before and the organisations demanding them have raised the bar with more stringent selection processes. Given this backdrop, to be selected by BlackRock, the largest asset manager in the world, firmly underlines the quality, expertise and insight we offer.
“The way in which we risk profile solutions is becoming increasingly invaluable to advice firms planning for their clients and we know they will welcome the addition of four new BlackRock Funds to our risk profiling service.”