The firm says the service offers “a comprehensive range of risk-rated portfolios covering both income and growth requirements” from more than 20 asset managers. 

The funds are brought together in risk targeted portfolios by Invesco’s Investment Solutions team creating model portfolios from across asset classes, such as equities, fixed income, alternatives and cash.
 
The Invesco MPS gives advisers access to Invesco’s services through its Investment Solutions team and advisers can choose appropriate models to align with their clients’ risk profile.

The portfolios are rated by a number of major risk profiling agencies – Evalue, Synaptic, Finemetrica and Defaqto.
 
Invesco will also provide market commentary and insight, for advisers and their clients. 
 
Initially offered on the Fidelity FundsNetwork, Aviva and 7IM platforms, the MPS will be made available on other platforms “in the near future”.
 
Invesco’s MPS costs £1 per client per month, capped at a maximum of £70 per firm per month (excl. VAT).

Clients pay the relevant underlying fund and platform charges.
 
Invesco says it is the first firm to provide an MPS incorporating Intelliflo’s Intelligent Office technology. 
 
Chris Lyes, head of retail distribution at Invesco, said: “Consumer expectations and preferences are changing, challenging financial services providers to reconsider how they serve their clients and help them achieve their investment goals.
 
“We are helping meet these challenges by offering advisers access to Invesco’s global network of investment experts through a technologically sophisticated service that saves advisers time, maintains their independence and keeps them front and centre of the end investor experience.”