ARRIA grows member base

Launched in March 2014 and starting with only eight members, including fund manager Standard Life Investments, the association has now grown to 32 practitioner members.

Membership of the association is open to professional advisers, fund managers, asset consultants, research houses, platform providers, trustees and PI underwriters.

The association has also announced the launch of a new tool for its members aimed at assisting advisers in constructing and reviewing client portfolios.

ARRIA general manager Rebecca Jacques said the Pengana Portfolio Optimisation tool is an “important step” in assisting advisers to analyse portfolios in more detail and “develop portfolios that are more efficient from a risk/return perspective".

“[It] can [also] deliver real returns to their clients through different market conditions,” Ms Jacques said.