Fidelity to launch new range of model portfolios

Fidelity International has announced the upcoming launch of its WealthBuilder Model Portfolio Service (MPS).

The new range of globally diversified model portfolios have been designed to give advisers greater flexibility to meet evolving client needs, and will launch in April.

The MPS has been built around three portfolio ranges, aiming to help advisers align investment style, cost, and outcome expectations to individual clients.

Each range consists of seven portfolios with defined risk and return parameters.

The ‘Active’ range was designed for clients looking for enhanced returns through high-conviction active management, seeking to generate alpha through a research-intensive approach that identifies managers and constructs portfolios to capture opportunities across asset classes.

Its ‘Blended’ range will combine active and passive strategies to provide global diversification across market cycles, while the ‘Passive Plus’ range will actively select passive strategies, with the portfolios incorporating factor exposures such as value, quality, and momentum.

The portfolios will be managed by Caroline Shaw and Chris Forgan, supported by a multi-asset team of more than 100 professionals.

The Fidelity WealthBuilder MPS will be delivered through an open architecture structure, supported by 10 exclusive ‘managed funds’ that serve as core holdings across the portfolios.

It will be available across a range of distribution platforms including Fidelity Adviser Solutions, Quilter, Aberdeen, Aviva, and Transact.

“We are pleased to launch Fidelity WealthBuilder MPS as part of our commitment to delivering the best of Fidelity in the format advisers and clients ncreasingly prefer,” said Fidelity International head of wholesale, Dennis Pellerito.

“Model portfolio services represent a structural evolution in UK wealth management, and clients are demanding access to institutional-quality investment expertise through scalable, risk-rated solutions.”

Fidelity International head of MPS and intermediary solutions, Graham Folley, added: “Fidelity WealthBuilder MPS has been designed with one objective in mind: helping advisers deliver better outcomes for their clients.

“The managed fund structure truly differentiates this proposition. It gives our portfolio managers broader access to asset classes, investment vehicles and specialist strategies, allowing them to construct portfolios with greater precision and flexibility.

“For advisers and their clients, this means access to a wider opportunity set, dynamic asset allocation and competitive pricing, all within a robust, risk-rated framework designed to support long-term financial outcomes.”

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