View more on these topics

Architas to launch three more passive funds of funds

Architas, the multi-manager division of Axa, has said it will add three more passive funds of funds to its existing range.

The timescale for the launches is unconfirmed, but the aim is to deliver a larger range of funds to investors.

Architas currently has three passive multi manager funds, launched in November 2008, which carry a three, four and five risk rating respectively.

These are the cautious, balanced and adventurous multi-asset passive funds, whose asset allocation is determined by independent financial consultants Towers Perrin.

The ultimate aim is to hold six passive and six active funds that each correspond to one of Architas’s 17 risk bands.

Hans Georgeson, the managing director of Architas, has confirmed there are no corresponding plans to rationalise products.

However, he warns that any smaller or underperforming funds will come under scrutiny to decide whether it is in Architas’s best interests to support them.

Recommended

2

Corporate finance adviser banned and fined £150,000

The FSA has banned a corporate finance adviser from working in regulated financial services and fined him £150,000 for engaging in market abuse. The regulator was directed to take the action against Zimmerman Adams International corporate finance executive David Massey by the Upper Tribunal (Tax and Chancery Chamber). On November 1 2007, Massey short sold […]

Keep power in reserve for a crisis

The Government is being urged to have a reserve power it can use to intervene if it thinks regulators are failing to act in the face of a crisis. The Treasury’s consultation paper on the regulatory changes, published in July, says when emerging risks become a crisis the Government would have overall responsibility for decisions […]

1

ABI and bankers against pre-funded comp scheme

The British Bankers’ Association and the Association of British Insurers have argued against advisers’ calls for the Financial Services Compensation Scheme to be funded via a product levy. BBA director of retail banking Peter Tyler says the benefits of pre-funded compensation, such as a product levy, would not necessarily outweigh the costs of setting up […]

How to balance bottom-up with top-down research in constructing multi-asset credit portfolios

In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment