As it reaches its third anniversary, Schroder Investment Solutions has seen assets under administration pass £6bn.
The series of actively managed model portfolios and multi-asset funds reached the milestone in May.
Since it was launched, in April 2021, 349 advice firms have signed up for the firm’s model portfolios.
Ryan Paterson, portfolio manager at SIS, said it was established to address growing demand from advisers for multi-asset solutions.
He said: “We take great pride in what we have accomplished in the past few years, leveraging the power of our investment process and providing exceptional support to our clients.
“By collaborating with specialist resources from across the Schroders Group, we have successfully created a diversified selection of model portfolios and funds that prioritise both performance and cost considerations.”
Schroder Investment Solution claims its research shows outsourcing through multi-asset funds and model portfolios remains popular and the trend shows no signs of slowing down.
Its Schroder Blended Portfolio has been especially popular with AUM rising to more than £1bn as of June 2024.
In May, the firm dropped its fund fees on its global multi-asset portfolios, to a maximum of 22 basis points, from 29bps.
Since then, SIS said the AUM of its portfolios has increased from £170mn to £235mn.
Portfolio manager, Rob Starkey, Portfolio Manager, added: “As an industry we have recently seen strong positive inflows into discretionary models and managed portfolio services, and it is great to see this reflected within our own investment solutions.
“Three years on from launch we are thrilled by the progress that has been made across the diversity of our offering.”
Schroder Investment Solutions is available on 16 platforms, as well as three internationally.
tara.o'connor@ft.com
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