Mattioli Woods Plc  

Mattioli Woods partners with T Rowe Price for income model portfolio

Mattioli Woods partners with T Rowe Price for income model portfolio
Mattioli Woods and T Rowe Price have announced the partnership. (Dreamstime)

Mattioli Woods will partner with T Rowe Price to develop an income-orientated model portfolio.

The portfolio is set to capitalise on income producing assets and will complement Mattioli Woods' existing income strategies and multi-asset portfolios. 

Yoram Lustig, head of multi-asset solutions EMEA, and Michael Walsh, multi-asset solutions strategist at T Rowe Price, will be the investment advisers for the portfolio.

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They will work with the investment team at Mattioli Woods, including Dean Cheeseman, managing director of client investment solutions. 

Cheeseman said: "Through our partnership, our clients will benefit from the combined experience of Mattioli Woods in financial advice and the global asset management experience of T Rowe Price."

Nat Terry, head of UK and Ireland at T Rowe Price said the partnership will be an important step for the firm to deepen its roots in the UK. 

"This collaboration is an important step for T Rowe Price as we continue to build our UK business providing customised solutions for investment advisers," said Terry. 

Earlier this month, Mattioli Woods said it would double its intake of trainee advisers as it expects demand for specialist advice to increase.

tara.o'connor@ft.com

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