Premier Miton has launched a managed portfolio service in response to demand from advisers.
It will offer two actively managed portfolio ranges consisting of four portfolios in each.
It will use the same investment approach of the firm's multi-manager team headed up by Ian Rees.
Jonathan Willcocks, Premier Miton’s global head of distribution, said: "We are seeing increasing demand from advisers for cost effective investment solutions that use the architecture of established investment platforms whilst tapping into the diversification benefits of multi-manager investing.
"We’ve combined the best of both worlds by providing access to our multi-manager team’s decades of investment experience and expertise, within an MPS framework."
The multi-manager Premier Miton Liberation funds, managed by the team since 2012, will form a core part of each Blend portfolio.
The firm said this will provide access to more specialist investments not typically accessible on platforms or through an MPS.
The actively managed Index portfolios will consist of index funds selected by the team using the same investment approach.
Willcocks added: "We know that as well as generating good long term investment outcomes for clients, investment solutions need to offer good value too, which is why we have introduced target ongoing charges figures for each of the portfolio ranges.
"Clients therefore benefit from Premier Miton’s extensive experience in this field at cost-effective pricing points."
Target ongoing charges are 0.25 per cent and 0.45 per cent for the Index and Blend portfolios respectively.
It is expected that the portfolios will be available across several investment platforms.
tara.o'connor@ft.com
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