Pacific AM partners with BlackRock for multi-asset MPS launch

Bridge gap between advisory and DFM model portfolios

Pacific Asset Management has partnered with BlackRock to develop five capital gains tax-efficient multi-asset model portfolios, designed to "bridge the gap" between 'advisory' and 'DFM' model portfolios.

Pacific Model Portfolio Solutions: The iShares Edition looks to solve problems faced by adviser firms running in-house models across multiple platforms via an "in-sourced" centralised investment proposition, which streamlines investment processes and reporting, and maximises infrastructure efficiency. Pacific AM acquires Parallel IM in Fidelius Group tie-up The 0% DFM fee portfolios, which charge an OFC of "below 0.75%", are designed as an alternative to outsourcing to a traditional DFM, where bulk client transition can often take more than a year. Pacific said its new service coul...