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IFA outsourcer signs Schroders to run fund range

IFA outsourcer signs Schroders to run fund range

Schroders has partnered with a digital risk-profiling service for financial advisers to launch five risk-targeted funds.

The new portfolios will enable advisers who use Distribution Technology's core software product, Dynamic Planner, to risk profile their clients and select investment solutions that are suitable for their requirements.

The Schroders Dynamic Planner range will be available in five risk-rated volatility levels and will be managed by the multi-manager team, led by Marcus Brookes, that currently manages more than £3 billion in assets.

The team currently researches a universe of more than 5,000 funds aiming to select a combination of products across equity, bond and alternative asset classes on a global basis.

It will make tactical asset allocation decisions while operating within the Dynamic Planner risk profile, meaning clients' money will always be aligned to their risk profile.

An ongoing charge of 0.99% will occur and will be available on a wide range of UK adviser platforms.

James Rainbow, co-head of UK intermediary business at Schroders, said: 'We have worked closely with Distribution Technology for many years.

'They have a successful risk-profiling and investment process which is trusted across the industry by more than 7,000 advisers and we look forward to continuing our relationship with them.'

Chris Fleming, director of asset and risk modelling at Dynamic Planner added: 'With [Schroders'] proven expertise and our risk-targeting and asset allocation model, this partnership will provide greater choice for investors seeking suitable long-term funds.'

 

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