Invesco announced that it is today offering the Invesco Discretionary Model Portfolio Service to the UK market. The service comprises a range of six investment portfolios spanning different risk levels, with an annual charge of just 0.1%.
Each portfolio in the range comprises, on average, 22 funds across a broad variety of asset classes and geographies, blended to achieve high levels of diversification. The portfolios in the service will be co-managed by Ben Gutteridge and David Aujla, and whilst Invesco funds will be included, will predominantly be invested in funds managed by other firms.
The Invesco Discretionary Model Portfolio Service has been created by the Invesco Solutions team, part of our wider Multi Asset Strategies Group, which is comprised of over 80 investment professionals dedicated to managing portfolios of funds for clients. The team has been assembling portfolios for a decade and currently manages over $75 billion in client assets.
Ben Gutteridge, Investment Solutions Director at Invesco says, “At Invesco, we are focused on making life as straightforward as possible for our clients.”
“We’ve worked closely with advisers to better understand the challenges the advisory community faces, and so have placed equal importance on delivering a premium level of service, enabling access to our solutions in a straightforward and accessible way, accompanied by exceptional levels of investment support.”
The Invesco Solutions team invests according to a three-part process: first, thorough research to gauge levels of risk and return for different investments; second, calculating asset class weightings for each portfolio, aiming to achieve the best return potential within their risk targets; and finally, assembling the portfolios using the most appropriate funds on the market.
“This is an exciting addition to our range of investment solutions, a natural build on our existing Advisory model proposition and Summit range of risk-targeted multi-asset funds”, says Owen Thomas, Head of UK Wholesale at Invesco.
“Our Basecamp platform, a portal for advisers, was designed to make outsourcing as straightforward as possible, giving advisers the opportunity to spend more time giving financial advice and adding real value to their clients.”
David Aujla, Multi Asset Fund Manager at Invesco, concludes. “We are delighted to build upon our strong partnerships in the UK advisory space with this latest addition to our multi asset solutions offering. In an environment of economic uncertainty and changing market dynamics, a diversified investment approach backed by robust research and risk management is as important as ever in achieving investors’ investment goals. Our model portfolios deliver that for a broad range of investor risk appetites.”
The range in detail
The six portfolios that make up the Invesco Discretionary Model Portfolio Service are as follows, listed in order of risk target (low to high):
- Invesco Managed Cautious Portfolio, which targets between 25% – 55% of global equity volatility.
- Invesco Managed Cautious Balanced Portfolio, which targets between 40% – 70% of global equity volatility.
- Invesco Managed Balanced Portfolio, which targets between 50% – 80% of global equity volatility.
- Invesco Managed Balanced Growth Portfolio, which targets between 65 – 95% of global equity volatility.
- Invesco Managed Growth Portfolio, which targets between 80% – 110% of global equity volatility.
- Invesco Managed Adventurous Growth Portfolio, which targets between 90% – 120% of global equity volatility.
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Invesco’s range of Investment Solutions utilise our first digital distribution channel, an innovative and market leading adviser-focussed portal called Basecamp, which was first developed for the 2019 launch of Invesco’s advisory MPS.. Through Basecamp, account holders can view the entire range, get personalised model data and due diligence support as well as access all the latest podcasts and investment insights. Basecamp is also seamlessly integrated with Intelliflo to provide streamlined access to all users.
