AUM at leading Discretionary Managed Portfolio Service (MPS) provider FE Investments has grown by 25% in less than six months.
Having reached the £4bn milestone in the first quarter of 2021, more than £1bn of inflows have since followed, spurred by growth in its model portfolio service with the range: Hybrid, Mosaic, Responsibly Managed and Income portfolios.
FE Investments, which is the investing arm of leading fund data and technology company, FE fundinfo, will also have its model portfolios added on two new platforms, taking the total number up to 19. The latest to add the award-winning portfolios are the Hubwise and Praemium investment platforms.
FE Investments began life as an investment consultancy to advisers in 2012 and launched its first discretionary model portfolios in 2015. Since then, the company has grown significantly each year achieving £3bn of AUM in August 2020 and then £4bn in the first quarter of 2021. An award-winning organisation, its model portfolios have been recognised at the Professional Adviser Awards and was named as the second fastest growing DFM on platform by Platforum in 2019.
As we begin to put the pandemic behind us people are increasingly beginning to take stock of their lives and their investments. We recognise that IFAs serve a very diverse range of clients, who more and more want those differences reflected in their portfolios.
To meet this investor demand, our adviser clients recognise the strength of our risk-adjusted proposition which is applied across all of our portfolios. In addition, the flexibility we offer in terms of offering investors the choice of adjusting their risk levels and investment time horizons is highly valued within the market, as is the level of detail we provide to clients in aspects such as our sustainability reports. We’ve worked hard to build out our MPS offering to cater for as many different client segments as possible and are excited to work with IFAs to offer the best solutions for all clients.
Rob Gleeson, Chief Investments Officer, FE Investments