Schroders has launched a multi-asset fund designed to preserve wealth and beat inflation over the medium and long-term.
The Schroder ISF Wealth Preservation fund USD is aimed at retail and high-net-worth individual investors. It is positioned as an “all weather portfolio” which can invest in a number of assets to beat its inflation targets with minimum volatility.
The offshore fund is managed by Malcolm Melville, who works within the emerging market debt, currency and commodities team.
Schroders head of international marketing Peter Beckett says investors are looking for products which can preserve wealth against expected global inflationary pressures.
He says: “This fund deliberately does not fit cleanly into a single category, spanning the absolute/total return and real return categories. It is simple in its construction and does not use shorts, leverage or complex derivatives.”
Chelsea Financial Services managing director Darius McDermott says: “Inflation could well be a problem on a global scale in the future so a fund of this ilk could get demand provided it does what it says on the tin.”