Assets under management hit GBP5bn at FE Investments
AUM at Discretionary Managed Portfolio Service (MPS) provider FE Investments has grown by 25 per cent in less than six months.
The firm writes that having reached the GBP4 billion milestone in the first quarter of 2021, more than GBP1 billion of inflows have since followed, spurred by growth in its 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.
Rob Gleeson, Chief Investments Officer at FE Investments, says: “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.”