FE fundinfo, the global leader in investment fund data and technology, has signed-up over 75 managed portfolio providers to its MPS Directory.
With more than three quarters of UK IFA firms using managed portfolios as part of their investment proposition, access to MPS data is critical to conduct objective due diligence and compare information.
Since its launch in 2015, the Directory has offered unrivalled transparency in managed portfolio research, providing financial advisers access to the underlying data of more than 2,038 managed portfolios at a holdings level, with 100% of data collected and validated direct from the provider.
FE fundinfo’s certified data distribution processes ensure data accuracy and completeness before it is made accessible via FE Analytics, the investment fund research and analysis tool widely used by fund selectors in the UK.
MPS providers retain control over which firms can view their models and build them into the charting and reporting tools on FE Analytics. Currently, nearly 60% of adviser firms using FE Analytics are enabled with access to at least 1 MPS provider and the MPS landing pages attract over 2,500 clicks each month.
Recent additions to the Directory include Legal & General Investment Management, Rivers Capital Management and James Hambro & Partners.
Steve Mitchell, Head of Propositions at FE fundinfo, said:
For over seven years, our MPS Directory has provided transparency to the market, simultaneously helping providers distribute their managed portfolios to the market and allowing financial advisers to access and monitor the underlying data of these portfolios. At FE fundinfo, we are incredibly privileged to play an important role in the UK advisory and discretionary fund management market, especially as we further our commitment to improving data accessibility and investor transparency, and support the shift to a new age of Consumer Duty.”