Rathbones is set to launch an updated model portfolio service (MPS) that will enable financial advisers to offer their clients ‘enhanced’ actively managed solutions.

This is the first enhanced range of investment products released by Rathbones this year, as it builds on its expanded capabilities following the group’s integration with Investec Wealth & Investment (IW&I).

The range of seven portfolios will be made available on 14 adviser platforms from autumn 2025.

It is designed for advisers and their clients looking to invest over the medium to long term, offering seven actively managed portfolios that are aligned to diverse investment objectives and risk levels.

The portfolios’ ongoing charges figure (OCF) is capped at 0.5 per cent, while no discretionary fund manager (DFM) fee will be applied.

The underling funds of each portfolio are managed by Rathbones Asset Management head of multi-asset investments, David Coombs, alongside fund manager, Will Mcintosh-Whyte.

The portfolios themselves will be managed by Andrea Yung, who led MPS at IW&I, with the team being supported by Rathbones Asset Management’s multi-asset team.

They will be actively managed, constructed using three building block funds, which will be launched exclusively for this service and based on Rathbones’ proprietary risk framework ‘LED’.

The seven portfolios in the MPS are split into risk targets: Conservative; Cautious; Cautious+; Balanced; Balanced+; Growth; Growth+.

Clients of the existing MPS will be able to take advantage of the new proposition, with Rathbones’ transition team working with adviser platforms to minimise disruption and maintain continuity of service.

“The launch of this upgraded MPS is a symbol of what we’ve achieved by combining the strengths of two established firms,” commented Rathbones Investment Management head of strategic partnerships, Simon Taylor.

“Our MPS range gives advisers and their clients access to high-conviction, transparently managed portfolios run by people they can trust - not algorithms or templated asset mixes.

“It’s about giving people choice and control, with the reassurance that there’s a trusted team behind the scenes doing the heavy lifting. Especially in times of market uncertainty, many investors want expert guidance rather than going it alone.”

Rathbones Asset Management head of multi-asset investments, David Coombs, added: “We’ve created these funds to provide truly active, high-conviction and outcomes-led investment solutions at a fair and competitive price.

“With a direct line of sight on the underlying holdings and the ability to move swiftly, we’re able to keep portfolios aligned with client outcomes - even when conditions are volatile. In this market, agility matters.

“Our model funds aren’t just designed and left to drift - they’re actively monitored and adjusted in real time - without the settlement lags and trading delays often seen in fund-based models - with changes implemented quickly when needed.”

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