We've all attended that presentation before. It's one-sided, it's full of jargon, and the attendees can't wait for it to end. In this interactive session, we want to put you and your clients in the driving seat. Model portfolios are designed to meet client objectives, and we will offer you a chance to vote on the evolution of MPS. We'll be discussing active vs passive, diversification, costs, regulation and more. You are in the driving seat, and you decide the journey.  

Workshop Objective:

1. Provide an overview of active versus passive investing
2. Discuss diversification and its implication on costs
3. Provide knowledge and understanding on regulation in a turbulent market

Company Profile:

LGIM is one of the UK’s leading investment management companies, trusted by investors to manage over £1,159 billion** across a range of asset classes and different investment strategies.

Our Model Portfolio Service brings together our award-winning*** multi-asset capabilities and leading index expertise for a cost-effective and scalable offering that aims to improve investment outcomes. We know cost is a crucial consideration for you when assessing suitability.

Our size means we can find efficiencies in the costs we pay for managing the funds and pass these savings to your clients.

*Source: LGIM internal data as at 31 Dec 2023. The AUM disclosed is shown on the basis of client direct investments and excludes any double count from fund of fund holdings

**Source: LGIM internal data as at 31 Dec 2023. The AUM disclosed is shown on the basis of client direct investments and excludes any double count from fund of fund holdings. The AUM includes the value of securities and derivatives positions

Global equities have reached all-time highs in 2024, inflation has slowed and interest rates are being reduced. There is much more going on than this suggests, however, with markets dominated by mega caps, concentration risk of indices are at extreme levels, inflation has stayed high for longer, low economic growth and increased political uncertainty. In this presentation, John Husselbee and James Klempster will discuss five challenges that could be opportunities for advisers and their clients. John and James will analyse the fragmentation of globalisation, meeting client objectives in a low growth environment, the rise of passives, the dominance of AI and mega caps, and ongoing compliance with Consumer Duty and what these mean for advisers, their clients and portfolios.  

Workshop Objective:

Following this presentation, advisers will understand five warning signs about investments and regulation for the future and how they can become opportunities for them and 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.

At Quilter Cheviot, our MPS strategies are constructed using ‘Building Blocks’ - a range of funds designed and actively managed by Quilter Cheviot for use within our MPS. Each Building Block is designed to provide specific geographic or asset class exposure, and invests in a combination of direct equities, bonds or external fund holdings.

In our workshop we’ll be talking through what we’ve learnt in three years of the Building Blocks approach, having transitioned from a ‘traditional’, external fund-based approach in 2021. We will look at what prompted the change, what it’s meant for portfolio turnover and how truly active management allowed us to take advantage of opportunities over that time, as well as taking a look at current positioning. 

Workshop Objective:
Attendees will understand the rationale for our approach, how active we can now be and what it’s meant for client returns. 

Company Profile:

As one of the largest discretionary investment management firms across the UK, Ireland and Channel Islands, we have managed investment portfolios for individuals and families for generations. We are focused on helping your clients invest for a lifetime of opportunities and challenges.

How we can help you

We fundamentally believe in the value of financial advice and have developed our services and strategies alongside the financial advice community, to make it easier for you to deliver exceptional client outcomes. 


With over 25 years’ experience working with financial advisers, we know that building a close relationship with you and understanding your client’s financial goals is key to successful investment management. Thousands of advisers are already benefitting from:
a range of solutions designed to meet your clients' needs;
a dedicated business development team to support you and your business;
a well-resourced research team and a robust, effective investment process.


About our MPS
Our Managed Portfolio Service (MPS) is designed to provide your clients with a straightforward, cost-effective way to benefit from our investment experience, so that they can make the most of their investments for generations to come.

We offer seven actively managed, multi-asset strategies constructed using our unique ‘Building Blocks’ approach. This pioneering approach offers clients exposure to a greater range of investment opportunities and asset classes than is possible within a ‘traditional’ MPS.

In our time today we will consider the rise and rise of MPS and the factors that have driven this change. Our CCO Justine Randall will look at the crowded landscape, explore routes to market and typical partnership approaches and help you understand the right questions to ask in selecting partners. We will focus on the importance of partnering to allow your brand and knowledge to shine whilst benefiting from the backing of experienced investment professionals focused on freeing up your time to deliver to your clients.  Our  Senior Investment Specialist Sam Leary will explain how we manage your client investments, how we manage risk and how we deliver value, robust and repeatable returns and award winning service at a market leading price. 

Workshop Objectives: To explore the changing MPS landscape, the regulatory and commercial rationale driving outsourcing and consider how you can partner to achieve great client outcomes 

Company Profile: Tatton Investment Management Limited was launched in 2013 and is the market leading
Managed Portfolio Service DFM in the UK, managing over £17.52 billion of assets (as at
June 2024). Our sole focus is investment management and we believe in the importance of high-quality financial advice. Therefore, we partner with Financial Advisers who are seeking an investment manager that can provide them with the investment services they need to meet their clients’ needs. Tatton is not a traditional wealth management firm that has adapted its business to work with Financial Advisers – we are a business designed to benefit the advice sector and place it at the heart of its product and service development. Since our formation, we have helped drive down the cost of discretionary investment management in the UK, in particular through the fees charged by MPS providers. We take great pride that the average cost of MPS is now only around 50% more than our 0.15% fee, when 11 years ago it was more than double, and in many cases three times as much.


The team at Tatton are immensely proud to have won numerous awards such as Best Discretionary Fund Manager, the Best Investment Service Provider and the Best Outsourced Investment Management through the votes of Financial Advisers and Paraplanners not judging panels – the strongest endorsement of our founding principles of sustainable repeatable investment performance, lowering investment costs and
improving service standards.

In this session, Waverton Investment Management offers a comprehensive examination of both active and passive investment management strategies, rekindling the perennial debate within the current market landscape.

We will begin with a succinct historical overview, highlighting the ascendancy of ETFs, the current allocation of global fund assets, and the proportion of individual company ownership attributed to passive vehicles.

We subsequently move on to the trajectory of this debate, scrutinising the notable concentration within global market indices and the cyclical nature of active management's outperformance.

Our discussion extends to dissect the peer group dynamics, shedding light on the emergent trend of ‘active washing’—the levying of active management fees for predominantly passive holdings, 'diworsification'—the tendency to over-diversify client portfolios, and the inherent risks associated with passive fixed income investing.

Concluding the session, we explore the integration of alternatives within client portfolios, the rigorous stock selection methodology employed by Waverton’s Equity Research team, and underscore the notion that the optimal investment approach may not be an either/or dichotomy between active and passive, but rather an amalgamation of the two.

Workshop Objective:

• To understand the historical context of the active vs passive investment debate
• To understand the high level of concentration within equity markets in a historical context and the affect of this phenomenon on active management performance
• To understand the risks associated with passive fixed income investing 

Company Profile:

Waverton is an award-winning independent investment management house, dedicated to creating high-quality investment solutions for financial advisers, private clients, charities and institutions.

Our principal objective is to generate superior real returns for our clients through segregated portfolios or specialist funds, using a global, active, direct and flexible investment approach.

Your requirements will come first in everything that we do. We regard this as critical, therefore all client relationships sit with the portfolio managers who report directly to you.