FE fundinfo has announced the launch of MPS Universe to “transform” the managed Portfolio market for advisers
FE fundinfo has announced the launch of the MPS Universe, which adds to its adviser tools designed to deliver “complete transparency and comparison capabilities” across the UK’s MPS market.
The MPS Universe will sit in FE Analytics and for the first time offers financial advisers access to the full breadth of Managed Portfolio Services data.
The MPS Universe “unlocks decades of data”, allowing advisers to assess and compare MPS propositions with the “same depth and accuracy long associated with fund research”.
FE fundinfo said: “MPS has become the core investment proposition for most UK advisers, yet access to comprehensive data has historically been limited.”
Advisers have only been able to view solutions they were specifically enabled for.
The absence of industry-standard MPS ratings and sectors has made “market-wide comparison challenging”.
Via the MPS Universe advisers and DFMs can now access the complete MPS dataset, including performance, asset allocation, charges and investment styles.
They can also apply FE Analytics’ existing filters to narrow comparisons across risk profiles, objectives and other factors.
In addition, they are able to generate comprehensive reports with fact sheets, quarterly and monthly commentaries and rebalancing data.
FE fundinfo chief investment officer Rob Gleeson said: “Our MPS Sectors are underpinned by a sector framework built around carefully structured equity bands, unlike the rigid 20% brackets commonly used by others in the market.
“We’ve taken a more nuanced approach, widening bands at higher equity exposures to reflect how real portfolios behave and to avoid artificial clustering.
“This ensures that strategies are assessed more fairly and consistently, without being penalised for falling on the edge of a sector boundary.
“It’s about bringing stability and integrity to MPS comparisons, so advisers can trust that they’re benchmarking like for like.”
FE fundinfo head of UK IFA product Jodie Gallagher added: “The MPS Universe represents a major step forward in giving advisers the tools they need to make fully informed decisions.
“By making the entire market visible within FE Analytics, we’re removing friction, enhancing due diligence, and helping advisers demonstrate value with greater confidence.
“It’s a reflection of our commitment to data transparency, adviser empowerment and leading the way in investment research infrastructure.”
