Summary:
Model Portfolio Services (MPS), which allows advisers to outsource asset allocation and fund selection, seems well-positioned to capitalize on the ongoing shift away from the “adviser as portfolio manager” value proposition narrative. The dislocation of the investment process away from the adviser, however, will add complexity to the wholesaling equation and may necessitate a rethink of determining wholesalers’ number one target.
This latest episode of ISS Market Intelligence’s MI Talk podcast features Mark Hamper, Head of Client Data Strategy – Global Distribution Intelligence, and Benjamin Reed-Hurwitz, EMEA Research Lead, in discussion with host Goshka Folda on the growth of MPS in the U.K., its implications for the distribution of investment funds, and how data will be a fund manager’s best friend for understanding this trend.
About the series:
MI Talk, a podcast series brought to you by ISS Market Intelligence (MI), delivers global coverage of developments in the asset management, wealth management, insurance, and distribution industries. Each episode features ISS MI’s experts in conversation about topical issues, trends, and developments that are shaping the market intelligence landscape, specifically, and global financial services industry more broadly. Financial services professionals focused on funds, annuities, insurance, mortgages, and related areas will find MI Talk particularly helpful in staying abreast of what’s of import across the industry.