Multi-asset

Harrison-David-True Potential-2013
1

True Potential in-house fund range more than doubles to £4bn

True Potential has grown assets in its discretionary portfolios by £2.1bn in 2017. In its annual results, published today, the platform says it has attracted £3.8bn assets in its in-house funds in 2017, up from £1.7bn in the previous year. Assets into the funds were at £0.7bn in 2015. Since launch in October 2015, True […]

Morningstar launches new model portfolio service

Morningstar has launched a new business unit for advisers looking to outsource fund selection or asset allocation in a post-Mifid II world, including a new model portfolio service. Morningstar says its new unit, called Manager Selection Services, offers three services designed to help clients cope with tougher regulatory and governance pressures. The offer includes: Model […]

Business-General-Handshake-Hire-Appointment-700x450.jpg

Rathbones in talks to buy fellow investment manager for £200m

Rathbone Brothers has confirmed it is in takeover talks with Scottish investment manager Speirs & Jeffrey in a potential deal worth £200m. In a stock exchange announcement released this morning, the group says it “regularly assesses various acquisition opportunities in line with its stated strategy”. However, it states that no binding offer has been made […]

Volatility fears take multi-asset fund sales to £1bn

High market volatility in February resulted in more retail investors using multi-asset fund managers and pushing net sales up to £1bn, new figures show. Data from the Investment Association tracking net retail fund sales in February show investors avoided both bond and equity funds with £235m and £136m outflows, respectively. In early February the US […]

Investment Uncovered: Miton’s multi-asset stars on finding balance across their range

Miton multi-asset star managers David Jane and Anthony Rayner were keen to emphasise pragmatism when launching their new fund earlier this year. The Balanced Multi-Asset fund completes a four-strong range for the team, sitting alongside its Cautious and Defensive Multi-Asset and Cautious Monthly Income vehicles. The fund launched with a 10 per cent cash position. […]

1

Fund figures show decline in platforms’ dominance

Platforms’ retail distribution dominance has declined in the past year, according to the latest Investment Association figures. In January, intermediaries including IFAs and wealth managers made gross retail fund sales of £8.1bn, representing an increase in market share of nearly 10 percentage points year-on-year, to 35.7 per cent from 27.4 per cent in January 2017. […]

1

Scottish Widows sticks with Standard Life Aberdeen for retirement funds launch

Scottish Widows will continue to temporarily employ Aberdeen Standard Investments for its fund management business as it launches a new range of retirement funds. The company has built a variant of its existing pension portfolio fund range and is targeting investors in drawdown. It will keep Aberdeen Standard’s expertise to manage the passive bond part […]

1

Standard Life Aberdeen outflows top £31bn as Gars continues to struggle

Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]