“SPPS has been developed to align with the seven risk profile asset allocations common to widely-used risk profiling software. Combining capital market inputs with local qualitative assessments of broadly available managed funds, the WMS team identifies strategies that it considers “best of breed” to construct a non-tailored approved product list (APL) and model portfolio suite,” said S&P Fund Services managing director Mark Hoven.

S&P monitors and updates the portfolios regularly, and as part of the service also provides subscribers with monthly performance updates and comprehensive quarterly reports, including economic commentaries.

Mr Hoven added: “SPPS is specifically designed for advice groups that are looking for a cost-effective, non-tailored APL and model portfolio solution.”

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