Citywire MPS Forum 2023
Welcome to the inaugural Citywire MPS Forum!
Whether you already outsource client assets to discretionary managers, or are considering doing so, we are thrilled to be launching a half-day event just for you.
As the responsibility that comes with managing client assets in-house becomes increasingly onerous, five discretionary managers will be in attendance to present their outsourced solutions that will allow you to focus on your holistic proposition and client relationships, while they do what they do best.
And with a brand new event comes a sharp new format. Rather than a stage-based presentation, participants will have a workshop-based agenda, with an emphasis on meaningful, interactive conversation.
We will then reconvene in the ballroom where we will hear from our fantastic keynote speaker, Suzie Imber. Specialising in space, Imber is a space plasma physicist who has worked for NASA as a research scientist, responsible for studying ‘space weather’. Not content with simply identifying areas of scientific significance, she has gone on to embark on yearly ascents to the most remote mountain areas in the world. Covering everything from satellites to teamwork, the future of science to dealing with risk, she looks at the lessons from all aspects of her work, and how they can help you achieve your own professional goals.
Learning objectives:
- Consider a variety of outsourced investment solutions, and their suitability for client assets.
- Develop the necessary skills to assess risk appropriately in pursuit of professional objectives.
- Learn the importance of teamwork and resilience when presented with challenging professional circumstances.
This promises to be a morning of invaluable insight into the outsourced investment landscape, and we very much hope you can join us.

Register
Register
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Keynote Speaker
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Suzie Imber
As well as her academic work, she undertakes public education programmes to increase understanding of science, and travels to some of the most inhospitable places on the planet. She also won BBC Two's search for future astronauts.
Heavily involved in the European Space Agency’s BepiColombo mission to Mercury, Suzie's research group built instrumentation that the craft carried. Her other area of expertise is Space Weather; using a combination of ground- and space-based instrumentation to better understand the influence of the Sun on near-Earth space. This work has significant implications due to our increasing dependence upon satellite technology, and also as we look at the chances of colonising first the moon, then Mars.
Away from the lab and the lecture theatre Suzie is also a high altitude mountaineer, having climbed in Alaska, the Himalayas and the Andes. She generated the first objective list of mountains in the Andes using a supercomputer she programmed, and in doing so, discovered dozens of uncharted mountains. She has since launched three expeditions to one of the most remote environments on the planet, gaining first ascents of many of these mountains, and even finding Inca ruins on the summits.
Suzie was also the winner of the BBC’s Astronauts: Do You Have What it Takes, in which contestants underwent an astronaut selection process under the supervision of Chris Hadfield. During the tests she spun in a centrifuge, took her own blood, visited a NASA research facility on the ocean floor in Florida, and experienced a microgravity flight. Importantly she had to demonstrate leadership, communication, calmness under pressure, and the ability to work well in a high performing team. Since the competition she has been the first graduate of the Qinetiq astronaut training programme, and now works with the UK Space Agency, NASA, Qinetiq and Virgin Galactic.
From satellites to how to deal with risk, from the future of science and research to the importance of planning, Suzie tackles a wide range of subjects with energy, insight and humour. She also reveals what various tools and instrumentation used in space say about the prospect of sustainability for our planet – from the monitoring of natural hazards and glacial thinning to identifying sites of modern slavery.
Keynote Speakers
Sponsors


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Workshops
Workshops

‘Resilience in the face of uncertainty: building an MPS for turbulent times’
The Brooks Macdonald’s Managed Portfolio Service (MPS) leverages our centralised investment process and the expertise of more than 70 investment professionals. Our range of actively managed MPS portfolios are constructed to meet the specific objectives and risk levels of varying client needs.
We will show how the portfolios are built to provide attractive risk-adjusted returns even in the volatile and challenging market conditions which investors are currently experiencing. Additionally, we will delve in to how the portfolios are currently positioned against the uncertain economic backdrop and our outlook for asset classes.
Workshop Objectives: This workshop is designed to showcase how we manage our portfolios. We will describe how they are positioned and where we currently see opportunities and what we are avoiding.
Company Profile: At Brooks Macdonald, our aim is to enhance our clients’ wealth through the provision of our investment solutions.
We create active investment portfolios with varying risk profiles on behalf of a wide range of clients. These include private investors, trusts, charities, pension funds and institutions.
Our investment process is centralised to ensure that the principles of our investment philosophy are reflected in all client portfolios. Its design allows each investment manager to fully leverage the broad expertise of our asset allocation and investment committees, as well as the in-depth knowledge of our specialist sector research teams.
Speakers
Henrietta Walker
Head of Investment Specialist Team

Henrietta is the Head of Investment Specialists at Brooks Macdonald. Prior to joining Brooks Macdonald, Henrietta was an Investment Director at M&G and Head of International Fund Selection at JPMorgan Private Bank. She joined Brooks Macdonald from Sarasin & Partners, where she was an Investment Specialist and Deputy Manager of the MPS. Henrietta has thirty years’ investment experience, is a Chartered Fellow of the Securities Institute and an IMC holder.
Priscilla Cheung
Investment Specialist

Priscilla is an Investment Specialist at Brooks Macdonald. She has over seven years’ experience as an Investment Specialist at Pictet Wealth Management in Hong Kong, focusing on delivering tailored investment strategies for private clients, multi-family offices and charitable foundations. She started her career as an Investment Solutions Analyst with Pictet and is a CFA charterholder.
Representatives
Karl Heap

Karl joined Brooks Macdonald in 2022 as Head of Strategic Partnerships. Karl is responsible for all the relationships with national firms, platforms and ratings agencies. Prior to joining Brooks Macdonald, Karl worked for Canada Life, Sanlam and Rathbones. Karl holds the Investment Management Certificate (IMC).
LGIM and the three portfolio managers – what can we learn from three plucky pigs?
We believe financial advisers face a wide range of potential challenges when advising clients how best to achieve their financial goals, with the new consumer duty rules being the latest regulation to knock on the door. In this session, we explore how to navigate these guidelines when selecting an investment portfolio and the essential components when aiming to construct a robust and appropriate investment solution. We also discuss the behavioural vulnerabilities of investors and how to avoid the potential traps when making asset allocation decisions.
Workshop Objectives: To understand which elements of an investment proposition are important in navigating both current and potential future regulations. Attendees will also have an understanding of which behavioural biases are prevalent in investing and how best to avoid them.
Company Profile: We are Legal & General Investment Management (LGIM), the asset management business of Legal & General Group. Our purpose is to create a better future through responsible investing. We strive to achieve this through a strong sense of partnership with our clients, working together to achieve positive long-term outcomes.
We draw on industry-leading expertise to innovate constantly across public and private assets, index and active strategies. And we are a responsible investor, rising to the challenges of a rapidly changing world. On behalf of savers, retirees and institutions worldwide, we manage £1.2 trillion in assets.*
*Source: LGIM internal data as at 31 December 2022. The AUM disclosed aggregates the assets managed by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong (2018-2019 only). The AUM includes the value of securities and derivatives positions.
Speakers
Francis Chua
Fund Manager

Francis is responsible for LGIM’s multi manager funds, and assists in the management of the multi-index funds. Francis joined LGIM in October 2016 from Aviva where he was a senior investment analyst. At Aviva, Francis was responsible for the Aviva pension schemes, assisting in implementation of the investment strategies. Prior to that, he was an investment consultant at JLT. Francis graduated from Warwick University and is a qualified actuary and CFA charterholder.
James Giblin
Fund Manager

James is responsible for managing a range of retail multi-asset funds, including a number of client model portfolios as part of LGIM’s Model Portfolio Service. He joined LGIM from LGT Wealth Management where he was a portfolio manager on the Model Portfolio team. James is a member of the Manager Research Group (MRG). James graduated from the University of Nottingham, and is a CAIA charterholder as well as a CISI Chartered Wealth Manager.
Representatives
Antony Teare
Head of Regional Sales, Wholesale
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Antony is responsible for leading LGIM’s wholesale activities with key IFA and wealth managers in the UK. Antony joined LGIM in October 2018 from Franklin Templeton. During his time at Franklin Templeton, Antony was responsible for distributing a range of Equity, Fixed Interest, and Alternative funds. Prior to his years with Franklin Templeton, Antony also held similar positions with Gartmore Fund Managers and AEGON Asset Management.
Giles Whittingham
Senior Investment Sales Manager


The role of MPS as a Consumer Duty solution and in growing adviser businesses
Consumer Duty has added yet more regulatory demands on advisers’ time but also opportunities to promote further the value of their offering to clients. This presentation will discuss how a well chosen Centralised Investment proposition (CIP) will provide a Consumer Duty solution for advisers and explain how MPS can help advisers both meet their Consumer Duty requirements and enhance their businesses for the benefit of clients, themselves and future potential owners. This presentation will explain the ongoing responsibilities and requirements under Consumer Duty, including in managing centralised investment propositions (CIPs), the suitability of products for individual clients, ensuring no harm and providing consumer understanding and support.
Workshop Objectives: Attendees of this presentation will understand how MPS and a well constructed CIP can help meet their Consumer Duty responsibilities and the suitability requirements of their clients.
Company Profile: Liontrust is a specialist asset manager that takes pride in having a distinct culture and approach to running money. The company launched in 1995 and listed on the London Stock Exchange in 1999. We are an independent business with no corporate parent. Our purpose is to enable investors to enjoy a better financial future.
We believe investment processes are key to long-term performance and effective risk control. Our fund managers are truly active in applying their investment processes. There is no house view - our fund managers have the freedom to manage their portfolios according to their own investment processes and market views.
Speakers
James Klempster
Deputy Head of Multi-Asset at Liontrust

James has 19 years’ investment management experience, of which the past 14 have been focused on managing multi-asset, multi-manager funds and portfolios. Before joining Liontrust, James was Director of Investment Management at Momentum Global Investment Management, where he led Momentum’s global investment team and solutions strategy. Prior to that, James worked for Avebury Asset Management where he managed global bond portfolios for institutional clients. James began his investment career at NW Brown Investment Management in 2004.
Representatives
Mark Keogh
Head of UK Sales - Managed Portfolio Solutions

Mark Joined Liontrust in July 2011. He was previously Regional Manager for Old Mutual Asset Management (OMAM now OMGI), covering the South West, Midlands and Southern Ireland from 2006. Prior to this, Mark was responsible for business development and relationship management with key advisers in Southern England at Zurich Financial Services and was manager of Prudential IFA Direct. Mark now heads up Multi-Asset sales.
Five Key Questions to ask your MPS provider
Regulatory directives, changes to personal tax allowances and challenging market conditions are prompting advisers to reappraise their chosen investment solutions. Can you be sure that your Managed Portfolio Service (MPS) provider has what it takes to successfully navigate this evolving landscape?
We think it’s time to take a long, hard look at standard practices within the world of MPS. Join us as we look at the key questions advisers should focus on when selecting an MPS solution for their clients.
Workshop Objective: To shine a light on the key regulatory, tax and investment considerations when selecting a Managed Portfolio Service (MPS)
Company Profile: As one of the largest discretionary investment management firms across the UK, Ireland and Channel Islands, we have managed investments for individuals and families for generations. We are focused on helping your clients invest for a lifetime of opportunities and challenges.
We fundamentally believe in the value of financial advice and have developed our services alongside the financial advice community, in order to make it easier for you to deliver exceptional client outcomes. We know that building a close relationship with you and understanding your client’s financial goals is key to successful investment management.
We offer a range of services including our Discretionary Portfolio Service, our award-winning Managed Portfolio Service, our Climate Assets Funds and our IHT solution, the AIM Strategy.
Speakers
Simon Doherty
Head of MPS

Simon joined Quilter Cheviot in 2007. He is Head of Managed Portfolio Services and a member of the firm’s Investment Funds Committee.
A graduate of Trinity College Dublin with a first class honours degree, Simon has completed the Investment Management Certificate (IMC), the CISI Masters in Wealth Management and has passed Level I of the CFA Program. He is a Chartered Fellow of the Chartered Institute for Securities & Investment.
Antony Webb
Deputy Head of Managed Portfolio Services

Antony joined Quilter Cheviot in 2010. He is Deputy Head of Managed Portfolio Services, and a member of a number of the firm’s investment committees, helping to determine model allocations for Fixed Interest, Direct Stocks, Investment Funds and Alternative Investments
Representatives
John Long
Strategic Accounts Manager

John is responsible for developing Quilter Cheviot’s commercial relationships with national financial planning firms, networks and service providers and coordinating the comprehensive support we provide for the financial advisers at these firms that recommend our services.
Mark Henderson
Business Development Manager

Mark’s role within Quilter Cheviot focuses primarily on developing strong business relationships with professional advisers in the City and Central London area.
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Future-proofing: how to stand out in a model portfolio crowd
In an increasingly saturated model portfolio market, how can you be sure your MPS provider stands out from the crowd? Find out more about the Sarasin MPS and how a thematic and active approach can future-proof your client’s investments in an ever-changing world.
Workshop Objective: Find out more about the Sarasin MPS and how a thematic and active approach can future-proof your client’s investments in an ever-changing world.
Company Profile: We are a London-based asset manager who invests on behalf of charities, individuals, intermediaries and institutions. Our company is known for thematic investment and as a specialist in long-term income and dividend management across multi-asset and equity mandates. We offer our clients access to a global, long-term, thematic approach to investment.
Speakers
Ben Gilbert
Senior Associate Partner, Model Portfolio Manager

Ben is primarily responsible for managing portfolios on behalf of UK private clients and Professional Intermediaries. Prior to joining Sarasin in January 2019, Ben was a Director at Tilney, where he worked with private clients as well as sitting on the Asset Allocation and Fund Selection committees.
Ben attended University College London and has a First-Class Honours degree in History & Philosophy of Sciences. He has passed the Chartered Institute for Securities and Investments (CISI) Masters in Wealth Management, Private Client Investment Advice & Management qualification (PCIAM) and CFA Level 1. Ben is also a Chartered Fellow of the CISI.
Representatives
Zoe Cossins
Senior Associate Partner, Intermediary Clients – South East
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Zoe has over 10 years of investment experience. She joined Sarasin & Partners in 2018 from Close Brothers Asset Management where she spent 4 years working as a Business Development Director promoting the full Close investment proposition to intermediary firms in the Thames Valley area.
Prior to this she worked as a Business Development Manager at Meteor Asset Management and Barclays Wealth & Investment Management.
Zoe holds the CISI Diploma in Investment Advice (Securities) and is a member of the Chartered Institute for Securities & Investment
William Colville
Senior Associate Partner, Intermediary Clients - London
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Will is primarily responsible for developing relationships with discretionary fund managers, multi-managers, banks and financial advisers in London.
He joined Sarasin & Partners in November 2015. Prior to joining Sarasin, Will was an associate within the Client Relationship team at Ingenious Investments.
Will holds BA (Hons) in History from the University of Nottingham and a master’s degree in History from Oxford University (MSt). He is also a Chartered Fellow of the CISI and a member of the Guild of Investment Managers.
Agenda
08:30 – 09:20
Registration and breakfast
09.20 - 09.30
Welcome - Ross Miller
09.30 - 10:00
Guest speaker - Suzie Imber
10.10 - 10:40
Fund Group Workshop
10.45 - 11.15
Fund Group Workshop
11.20 - 11.50
Fund Group Workshop
11.55 - 12:25
Fund Group Workshop
12:30 - 13.00
Fund Group Workshop
13:00
Buffet lunch
Agenda
08:30 - 10:00
Registration
10:00 - 10:15
Welcome address
10:15 - 11:15
Conference session 1
11:15 - 13:05
Fund Group Workshops
13:05 - 14:20
Lunch
14:20 - 15:20
Conference session 2
15:20- 17:10
Fund Group Workshops
19:30 - 23:00
Informal Dinner
09:30 - 10:30
Conference session 3
10:30 - 13:00
Fund Group Workshops
13:00 - 14:25
Buffet Lunch
17:00
Event close