Client services director Mark Pearson says an outsourced discretionary management service is his favoured option over the launch of a fund of funds range.
Pearson says if the group takes the discretionary management route, it will launch three investment portfolios – income, growth and growth and income. He says the firm has not ruled out a tie-up with an investment house.
He says: “We feel there is a gap in the market for those with less than £250,000 in assets as we look at the post-RDR landscape of the industry. This is particularly prevalent at the lower end where it is important not only to offer a risk-profile-based investment but also one that has the ability to adapt to changing client profiles.”
Origen outsourced its £65m high-net-worth discretionary fund management arm to Brooks Macdonald Asset Management in May 2008.
He says: “We want to make sure we choose the most efficient route as it would account for 150,000 clients and £7.5bn of assets if they all choose to take up the new option.”