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Award Winning Model Portfolio Service

5 min read 24 Nov 23

By Shanti Kelemen, Chief Investment Officer M&G Wealth

M&G Wealth Investments won the 5 star award in the DFM category as well as the Editors’ Choice

Firstly, thank you for supporting us! I’m so proud to have won these Financial Adviser Service Awards because they were voted for by you, the adviser. 

It’s fantastic news to be able to take these awards into 2024, as it is evidence that we are delivering on our purpose: providing a great service to advisers and delivering good outcomes for customers. 

The team behind our Model Portfolio Service 

We pride ourselves on the service and support we’re able to provide to advisers, with our proactive Business Development Managers, experienced Operations staff and access to the Investment Team.  Our range of support materials is constantly reviewed and updated to ensure you have everything you need to help your clients understand their investments. 

The team behind our investment approach

We believe our ranges are attractive solutions for customers that are looking to grow their capital.  They are built on the M&G Treasury and Investment Office (T&IO) multi-asset process that manages over £150bn of AUM (as at June 2023). In our opinion, it’s T&IO’s dynamic and forward looking investment process that sets us apart. 

Read more about T&IO and the facts and figures behind our approach here.

What’s been happening in our portfolios 

In November, we reduced equities and increased bonds in our Passive, Hybrid and Global ESG Themes portfolios. 

Markets are evolving quickly, which means we have to review our portfolio positions more regularly. This ensures we can capitalise on opportunities, while managing risk, to ensure the right outcomes for clients. 

The key changes we made are:

  • More in Fixed Income: As bond yields have risen further over the course of 2023, they are now attractive. This is particularly true in inflation-linked markets where real yields have risen to 14-year highs. We’ve introduced a new allocation to Index Linked Gilts, whilst increasing the allocation to UK Gilts and US Treasuries.
  • Less in Equities: We’ve reduced exposure across equity regions. We don’t have a negative view on equities; we just think there are more opportunities in fixed income. We still have a positive view on India, due to its favourable demographics and exposure to the globalisation of services. China equities also remain in our portfolios, as we think the negative view over the last couple of years is fading. 
  • No changes to Property, Absolute Return and Infrastructure: Real assets, like global property and infrastructure, can deliver returns when inflation is higher. We’re keen to maintain this exposure that’s conducive to the current environment despite recent pressure on valuations.

Looking forward to 2024

We expect the world to continue moving at a faster pace. M&G’s Treasury & Investment office monitor economies and global markets closely, ensuring the asset allocation of the portfolios can deliver returns that support clients’ objectives. We think it’s important to be well-diversified across different asset classes and regions. As the world changes we’re open to adding new asset classes and evolving our approach.

Past performance is not a reliable indicator of future performance. The value of an investment can go down as well as up and your client may get back less than they’ve paid in.

M&G Wealth is a trademarked brand of the M&G plc group which encompasses M&G Wealth Advice Limited, M&G Wealth Investments LLP and Investment Funds Direct Limited. The legal entities under the M&G Wealth brand also work alongside The Prudential Assurance Company Limited, Prudential International Assurance plc and Prudential Distribution Limited in relation to the provision of certain products and services. To understand more about our businesses and brands, you can view the corporate and regulatory information for the aforementioned legal entities.