How to research MPS Providers using FE Analytics
Increased regulatory and administration requirements have pushed advisers towards outsourcing many processes, including portfolio management. With new Consumer Duty regulation, it is vital that due diligence is not only thorough, but also clearly evidenced and reported. This year’s FE fundinfo Adviser Survey found that the FE Analytics MPS Directory was the second most used method for undertaking due diligence after in-house research. Read on to find out how you can make the most of this powerful tool.
The MPS Directory, available via FE Analytics, now has over 75 of the UK’s most used MPS Providers listed. This allows advisers to conduct extensive research and due diligence across a range of model portfolios, all in one place. We receive data directly from the providers to ensure that you always have access to full, accurate, and up-to-date performance history and information for each model portfolio listed.
One of the common complaints when researching model portfolios is whether you are comparing like with like due to the variety of terminology and benchmarks used by providers. Our FE fundinfo Risk Score presents an easy-to-understand measure of volatility relative to the UK large cap index of the 100 largest companies – demonstrating the consistency of a portfolio’s risk profile in both the immediate and long-term, when compared to the market.
Accessing the MPS Directory
The MPS Directory can be found under 'Portfolio Tools' in the left-hand menu panel within FE Analytics.
Once you have opened the directory, you will then be able to explore the 75+ providers that we include. Selecting any of the providers will take you to an overview of who they are and their models. If you are interested, you then have the option to 'Activate Me' or 'Request Info' through the buttons in the bottom right of the page.
'Activate Me' will send a request to the provider to allow you access to the models - please be aware that this can take up to 24 hours. Once you have been activated you can undertake the research necessary to choose a particular model.
Can't find the provider you're looking for? Request it within the Directory through the link highlighted below.
Researching models
FE Risk Score
The FE Risk Score can be found in the individual model portfolio short, medium, or long scans. These can be easily accessed by selecting your chosen portfolio in the 'My Model Providers' tab in the MPS Directory and navigating to the 'Reports' tab in the header of the pop-up.
Comparing risk scores
Alternatively, the risk scores of two different portfolios can be compared by adding both portfolios to the 'Active List' on the Analytics front page and selecting 'FE Risk Score Chart' from the charts tab on the right-hand side.
