A new model portfolio range has been launched in response to demand from advisers.
Omba Advisory and Investments has released a new MPS range which features eight models falling under core, UK and ESG banners.
Founder Mark Perchtold hopes the range can help advisers keep in line with consumer duty expectations.
He said: “With the consumer duty regulatory changes there is an increased importance for advisers to demonstrate the robustness of their investment proposition and justify why they have picked a certain fund or managed portfolio.”
Omba claims the firm’s boutique structure allows it to be independent and unbiased when building the portfolios, while it takes an active approach to asset allocation.
Perchtold said profiling of the adviser market shows it has moved towards model portfolio solutions, partly for value for money.
He said the use of exchange traded funds in the actively managed global portfolios results in a lower cost for the client.
There are a total of eight models on offer, six of which are under the ‘core’ category.
For the core range, Omba is charging a 10bps model portfolio fee per year.
tara.o'connor@ft.com
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