Aberdeen Standard Investments' (ASI) is launching a new multi-asset solution, MyPortfolio, consisting of three separately managed accounts which will be exclusively available on Standard Life's Wrap and Elevate platforms.
MyPortfolio consists of 15 multi-asset portfolios split into three ranges and five risk levels that offer a choice of solutions aligned to attitude to risk.
The portfolios offer exposure to a range of different asset classes and will be rebalanced on an ongoing basis to maintain target risk levels.
The group said the separately managed accounts (SMAs) structure can benefit from strategically optimised asset allocation, with its MyPortfolio being managed by the multi-manager strategies team that is currently in charge of around £27bn of assets.
The Index SMA consists primarily of ASI's traditional index tracker funds, while the Index Plus SMA provides additional exposure to ASI-enhanced index funds as well as some carefully selected active funds. Meanwhile, the Select SMA has the capability to invest in a broader array of investment styles and third-party managers.
James Millard, ASI's co-head of multi-manager strategies, commented: "This is a straightforward, flexible separately managed account service that offers broad diversification and full transparency. The choice of investment styles, price points and risk levels makes it suitable for a wide range of investors."
ASI's head of UK propositions, David Tiller, added: "With the continuing demands of regulation, we want to deliver investment solutions to advisers that will meet their clients' needs in a transparent and cost-effective way while offering them choice in how they do this.
"We are delighted ASI has extended its award winning multi-asset solutions capability into the SMA market, helping advisers segment their client base while reducing regulatory risk."
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