UK wealth manager Rathbones has launched a revamped model portfolio service (MPS), marking its first major offering since its integration with Investec Wealth & Investment.
Available across 14 adviser platforms from autumn 2025, the “true active” suite consists of seven portfolios designed to meet various client goals and risk profiles.
The seven portfolios in the MPS, offering medium to long term investment strategies for financial advisers and their clients, are: Conservative; Cautious; Cautious+; Balanced; Balanced+; Growth and Growth+.
The MPS will include three new in-house funds built exclusively for this range and serving as its core building blocks. The portfolios carry no discretionary fund manager fee and ongoing charges are capped at 0.5%.
The MPS will be managed by Rathbones’ David Coombs, with portfolio oversight led by Andrea Yung, formerly head of MPS at Investec Wealth & Investment.
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Simon Taylor, head of strategic partnerships at Rathbones Investment Management, commented: “The launch of this upgraded MPS is a symbol of what we’ve achieved by combining the strengths of two established firms. Our MPS range gives advisers and their clients access to high-conviction, transparently managed portfolios run by people they can trust – not algorithms or templated asset mixes. It’s about giving people choice and control, with the reassurance that there’s a trusted team behind the scenes doing the heavy lifting. Especially in times of market uncertainty, many investors want expert guidance rather than going it alone.”
David Coombs, head of multi-asset investments at Rathbones Asset Management, added: “We’ve created these funds to provide truly active, high-conviction and outcomes-led investment solutions at a fair and competitive price.
With a direct line of sight on the underlying holdings and the ability to move swiftly, we’re able to keep portfolios aligned with client outcomes – even when conditions are volatile. In this market, agility matters. Our model funds aren’t just designed and left to drift – they’re actively monitored and adjusted in real time – without the settlement lags and trading delays often seen in fund-based models – with changes implemented quickly when needed.”
Clients in the current MPS will move to the updated service at a lower cost, shared the provider.
This launch is the first in a planned series of product enhancements and innovations following the merger with Investec Wealth & Investment.
