Invesco MPS added to Simplybiz risk-controlled range

Simplybiz has added Invesco’s discretionary model portfolio service (MPS) to its Omni Invest Risk Controlled solutions range, as part of an effort to further strengthen its proposition for advisers.

Launched in 2021 by Simplybiz and Defaqto, the Risk Controlled service is designed to help advisers deliver investment solutions in line with client objectives.

The service aligns with the outputs of Defaqto’s Engage system to create a more streamlined advice and research process.

Invesco’s discretionary MPS provides a suite of six portfolios spanning a range of risk profiles, including balanced and growth options, enabling advisers to meet the needs of clients with differing risk appetites.

CEO of Omnicore, the distribution division of Simplybiz’s parent company, Fintel, Rodger Baillie, commented: “Invesco is renowned for its focus on delivering strong outcomes for both advisers and their clients, and I’m delighted to welcome its Discretionary MPS range into the Omni Invest Risk Controlled service.

“Invesco’s advisory model portfolio service has been part of Risk Controlled since 2023, which has been a great success, and the addition of the discretionary range both further enhances the Invesco proposition available within Omni Invest and reaffirms their commitment to supporting advisers in delivering the best possible outcomes for their clients.”

Head of UK wholesale distribution at Invesco, Owen Thomas, said: “Invesco is proud that our Discretionary MPS has been added to Omni Invest’s Risk Controlled solutions panel. With a track record grounded in disciplined multi asset construction, clear risk targeting and transparent governance, this partnership makes accessing Invesco’s risk managed solutions even more straightforward.”

Multi-asset fund manager in Invesco’s solution team, David Aujla, added: “We are very pleased to bring our managed MPS to the Simplybiz membership. In blending active and passive strategies together in a considered way, our risk-targeted model portfolios offer broad diversification across asset classes, geographies, and underlying fund managers.”

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