M&G Wealth’s model portfolio service is now available on Analyser, taking the number of MPS providers on the system to 24.

The MPS was launched in December 2014 and sits in the M&G Wealth Investments division. The company was previously known as TCF Fund Managers. After M&G plc bought the firm in February 2022, it brought new managers in to run the business.

The strategic asset allocations of the models were changed in July 2022.

M&G’s total AUM is £147.3m for the MPS, and over £370bn AUM as at 31 December 2021 across the wider M&G plc group.

There are three ranges:

- Passive

- Hybrid

- Global ESG themes

Across the ranges, the discretionary management fee costs from 0.15%.

M&G Wealth chief investment officer Shanti Kelemen says: “M&G Wealth is delighted to join Analyser as a new MPS provider. Advisers have a lot of choice today, and tools like Analyser are essential to help them select investment managers.

“We think our proprietary asset allocation and in-depth fund research are key strengths. We try to bring our clients the service of a smaller boutique, backed by the wide-ranging investment capabilities of M&G plc.”

You can find out more about M&G Wealth’s MPS on Analyser’s MPS directory