Momentum signs-up to PFaroe as it targets growth in the UK investment consulting space

Source: Momentum Investment Solutions & Consulting

Momentum Investment Solutions & Consulting (Momentum ISC) – backed by multi-national financial services provider Momentum – has adopted RiskFirst’s PFaroe as it targets growth in the UK investment consulting space.

The ISC team, which was formed in August 2014, already has over £10 billion of assets under advice, and is focusing on large defined benefit (DB) pension sponsors and trustees. It will use the risk analytics platform to help model, implement and monitor sophisticated asset allocation, liability hedging and de-risking strategies.

Peter Hall, Senior Investment Consultant at Momentum ISC, says: “Our team has over 15 years’ experience advising large private sector DB pension schemes, and a demonstrable track record of developing innovative solutions. To support this advice, we needed a top-end, pensions-specific analytics platform. PFaroe won out for its ease-of-use and high level of sophistication allowing us to model complex asset strategies. Indeed, PFaroe’s analytics will be an important part of our offering as we structure and implement very precise mandates – looking at risks and returns in granular detail.”

Matthew Seymour, Managing Director, RiskFirst, comments: “The fact that Momentum ISC, a team of highly experienced consultants who have come from the largest consultancies, have immediately turned to PFaroe when starting their business really emphasises PFaroe as the go-to solution for DB risk analytics. The team has been successful in a very short space of time at winning business and PFaroe has been a core part of their proposition. We look forward to working with Momentum ISC as their business grows.”

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