View more on these topics

Hasley to launch multi-asset volatility range for Philbin

Richard Philbin 450

Hasley Investment Management is launching a four-strong range of multi-asset volatility-based funds for Richard Philbin.

The four-strong range will vary from defensive to adventurous on the risk scale with a specific level of volatility attached to each fund.

Former Architas chief investment officer Philbin joined Hasley in August and manages the £21m Elite Hasley Multi-Strategy fund.

He says: “The key differentiator between how we manage money and the rest of the market is that we focus on volatility rather than risk. This allows us total flexibility because we are not bound by rigid asset allocations. Each of my portfolios operates to a strict volatility band so the client always knows what they are actually getting. This gives me a specific ‘risk budget’ for each fund, within which I have the freedom to pick the most attractive assets possible.”

Hasley is also launching a range of single strategy funds into the market. The funds are being built on the back of a range of existing investment models which are being made available via retail funds for the first time. The Elite Hasley Best Ideas Portfolio will be sub-advised by Alastair George of Infinite Variance and the Elite Hasley Focus fund will be sub-advised by Hywel George of Integral Asset Management Ltd.

Hargreaves Lansdown analyst Rob Morgan says: “We are at bit sceptical of volatility-based funds because you cannot predict future volatility levels. We would want to see them establish a track record before we look at them in detail.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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