View more on these topics

Aberdeen Standard Investments teams up with Skipton for new fund range

Aberdeen Standard Investments has teamed up with Skipton Building Society to provide portfolio solutions for customers of its £4bn investment offering.

The partnership will build on ASI’s existing £13.9bn MyFolio fund range, its multi-asset solutions for advisers, by adding five new index funds.

Bambos Hambi and James Millard run the 19-strong multi-manager strategies team which oversees the fund range.

The new index funds are a range of risk-targeted funds which allow advisers to select a fund aligned to their clients’ risk requirements.

ASI global head of distribution Campbell Fleming says: “We are delighted that Skipton Building Society has chosen to adopt our new MyFolio Index range as a core part of its investment offering for retail investors.”

Firms are changing bonus structure but slowly

Skipton’s director of financial advice Matthew Leach says: “We’ve offered a financial advice service for over 30 years and have helped thousands of customers make plans for their future. I’m really pleased we now have ASI on board to help us drive this forward even more.”

The news comes after ASI announced last month that it plans to merge its £209m MyFolio Managed Income range with the larger £4.5bn MyFolio Managed range.

The proposal is subject to investor approval with the merger scheduled to happen at the start of May. ASI says it believes the merger will benefit investors by making the management of the portfolio more efficient over time due to similarities in investment objectives, risk profiles and total return expectations.

The below chart shows performance from a selection of funds available in the current MyFolio range.

Recommended

SJP joins Protection Distribution Group

St. James’s Place Wealth Management has joined protection lobbying and standards body the Protection Distribution Group. The advice giant is the latest firm to sign up to the group, which was formed in 2016 to raise the profile of the protection industry and put forward positive suggestions for reform. Independent broker Essential Insurance has also […]

20

UFPLS vs flexi-access drawdown: drawdown wins by a country mile

If there is a straight choice between flexi-access pension drawdown and uncrystallised funds pension lump sum, flexi-access wins by a country mile in virtually every situation. The Treasury prefers to pronounce UFPLS as “uffplus”, presumably because the plus syllable lends a positive quality to this otherwise ridiculous expression. Most pension professionals prefer to pronounce it […]

4

Platforms adding needless tools in ‘paranoid’ bid for survival

Experts claim platforms are “running scared” and creating investment research tools that advisers do not want out of “paranoia” in a bid for self-preservation at Money Marketing Interactive today. The Lang Cat consulting director Steven Nelson says it is not surprising platforms keep adding investment tools that many advisers would prefer to buy in from […]

neill macgillivray
11

Neil MacGillivray: Just how ‘unfair’ is doctors’ annual allowance hit?

Campaigners should tread carefully in calling for reforms for those in the NHS pension scheme Recent articles reporting the furore around the annual allowance and how it “unfairly” impacts individuals in public sector defined benefit schemes have piqued my interest. Adding fuel to the fire was news the British Medical Association is calling on the […]

Current multi asset positioning

2018 has brought particular challenges for the global economic backdrop, providing the potential for greater than usual volatility over the summer. Nersen Pillay, Investment Director explains that this is not necessarily a bad thing for active managers, sharing the importance of diversification and tactical asset allocation in weathering these conditions. Read the article here Past […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com