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Omnis Investments fund range hits £50m

Omnis Investments has announced that its three-strong fund range has broken through the £50m barrier.

IFDS Omnis cautious, balanced and advanced multi-manager portfolios launched on July 7, 2008 as a joint venture between Openwork and Octopus Investments.

The range, which is run by chief investment officer and director of multi-manager funds at Octopus, Lothar Mentel, was specifically designed for Openwork’s 2,500 plus network of advisers and their clients.

Mentel says: “We set out to provide a service that would not only give retail investors access to the best managers and retail asset classes available but enhanced overall returns. “We are therefore delighted that despite challenging market conditions, investors have shown such interest in the IFDS Omnis Fund range and confidence in Octopus’s reputation for designing innovative investment solutions that deliver.”

Openwork chief executive Keith Carby says: “Our end-goal with Omnis Investments has always been to ensure that our network of over 2,500 advisers continue to have access to extremely high calibre and innovative investment products, capable of delivering real value to investors.

“As the first product range to be launched through Omnis, the IFDS Omnis Funds fulfil this core objective by providing retail investors with access to a best-in-class multi-manager offering designed and managed by Octopus, a firm renowned for performance and customer service, and delivered by high quality advisers operating within a strong governance framework.

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