View more on these topics

Openwork reveals full Omnis fund manager line-up

Restricted national Openwork has confirmed the remaining fund managers to complete its seven-strong investment fund proposition Omnis.

Schroders has been given the mandate for the Omnis Global Fixed Interest fund, under the management of Bob Jolly, while the Omnis International Equities fund will be managed by Thomas White International’s Doug Jackman.

The Omnis Alternative Strategies fund will be run by Octopus Investments fund managers Colin Lunnon and Simon Reynolds, while the Omnis UK Fixed Interest fund will be managed by Threadneedle’s David Oliphant and Richard Stevens

In December, Money Marketing revealed Openwork is mandating Omnis for the majority of its investment advisers for the second quarter of this year.

Omnis, a joint venture between Openwork and Octopus Investments, initally launched with cautious, balanced and adventurous model portfolios.

Last month it announced the Omnis UK Equities fund will be managed by Schroders UK equity fund manager Errol Francis and Ed Meier, the Omnis US Equities fund will be managed by The Boston Company senior managing director of large cap growth Elizabeth Slover and the Omnis Emerging Markets Equity fund will be managed by Jupiter global emerging markets fund manager Kathryn Langridge.

Omnis already has multi-manager funds, managed by Octopus, and three single strategy funds, managed by Threadneedle.

Openwork says clients will have access to all funds at between 10 and 15 basis points cheaper than market prices.

The group has yet to decide how the seven funds will be blended to form the cautious, balanced and adventurous portfolios.

Openwork propositions and marketing director Philip Martin says: “The important decision in choosing the managers of these fund was not just the fund managers but the capabilities of the investment house to do the research on each area of the market. It’s much more of an institutional relationship between the asset managers and ourselves.”

Fund name Fund manager
Omnis UK Equities Fund Schroders
Omnis US Equities Fund The Boston Company (BNY Mellon)
Omnis International Equities Fund Thomas White International
Omnis Emerging Markets Equity Fund Jupiter
Omnis Alternative Strategies Fund Octopus Investments
Omis Global Fixed Interest Fund Schroders
Omnis UK Fixed Interest Fund Threadneedle

Recommended

Octopus Investments in £70m VCT fundraising drive

Octopus Investments is seeking to raise an additional £70m in funds for four of its venture capital trusts through new share offers. The latest round of fundraising gives existing and new investors the chance to access the Octopus Aim VCT, Octopus Second Aim VCT, Octopus Apollo VCT or the firm’s five Titan VCTs through a […]

Andrew Bailey appointed Bank deputy governor and PRA chief

Andrew Bailey has been formally appointed as Bank of England deputy governor and Prudential Regulation Authority chief executive. Bailey is currently the managing director of the FSA’s prudential business unit, with responsibility for banks, investment banks and insurers. Former FSA chief executive Sir Hector Sants was originally expected to head up the PRA under the […]

Key themes for 2017

Capital Market Notes, December 2016 Dave Lafferty, chief market strategist at Natixis Global Asset Management, assesses the accuracy of his 2016 outlook and provides his thoughts and outlook for 2017. Click here to read the full article

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