Schroders has launched a £4bn Investment Solutions business offering model portfolios and multi-asset funds.
Schroder Investment Solutions’ range of funds and model portfolios will be available on a range of platforms from May.
The range will include fully active, blended active-passive and sustainable solutions.
Schroders said they launched the new business in response to demand from financial advisers for low-cost funds and model portfolios.
The model portfolio service, available from 5 May, will consist of the Schroder Active, Strategic Index and Sustainable ranges, offering an annual management charge of 15bps. Each range will have between six and nine model portfolios covering a spread of risk ratings. An income model portfolio will also be available.
Schroder Investment Solutions will include two ranges of Multi-Asset funds, available from 27 May, the Schroder Tactical Portfolios and the Schroder Blended Portfolios.
The Schroder Tactical Portfolios, which will be capped at 29bps, will