Tatton Investment Management Limited has been appointed by Tenet Group to provide a Managed Portfolio Service (MPS) for its representatives and authorised firms.

The investment management arm of Tatton Asset Management has been appointed for three years, following Tenet's decision to remove its centrally supported advisory model portfolios.

Its decision to appoint Tatton was made after a market review of MPS providers.

Paul Hogarth, chief executive at Tatton Asset Management described the decision as “a significant win for both companies.”

“Tenet conducted a rigorous and demanding selection pro...