Source: Friends Life
Friends Provident International (FPI) has
launched five risk-rated model fund portfolios for exclusive use within its
online portfolio planning tool, Dynamic Portfolio Planner International
(DPPi). Known as Asset Builder Portfolios, they are powered by
independent industry recognised experts, Morningstar OBSR.
Since its launch in 2008, DPPi, has successfully provided advisers
with sophisticated risk profiling, financial goal planning and target asset
allocation models. At the heart of the application is historical and
forward-looking analysis of core asset classes which are used to develop
efficiently balanced asset allocation targets for identified client risk
profiles. A stochastic model also provides probability assessments in meeting
client specific financial goals. These tools are supplied by Distribution
Technology Limited.
With the launch of the Asset Builder Portfolios, which are mapped
to the target asset allocations within DPPi, FPI has gone one step further with
ready made investment solutions for professional advisers to use at the touch
of a button.
Morningstar OBSR has been commissioned to blend funds selected
from FPI's global guided mirror fund range (USD denominated) to provide the
optimal mix of funds that map to the defined risk profile and asset allocation
targets in DPPi, thereby improving the consistency of customer outcomes. In
addition the service from Morningstar OBSR includes a formal review of the
Asset Builder Portfolios on a quarterly basis to identify any required changes
to the models. Advisers also benefit from FPI's own in-house fund research
capabilities, an effective double layer of monitoring.
