Wealth manager Charles Stanley will manage a mandate in Financial Planner Fairstone’s model portfolio service proposition.

Fund manager Vanguard has today launched two model portfolio ranges called Vanguard LifeStrategy MPS Classic and Vanguard LifeStrategy MPS Global with ‘all-in’ costs between 0.21% and 0.33%.

Legal & General Investment Management has joined the growing ranks of investment providers offering a Model Portfolio Service in response, it says, to rising demand from advisers.

Schroders has launched a £4bn Investment Solutions business offering model portfolios and multi-asset funds.