Schroders is gearing up for the Isa season with a special offer to promote its multimanager portfolios.The initial charge on the Schroder S&P high alpha, strategic balanced and cautious managed distribution portfolios will be waived or up to 5 per cent commission offered until April 5, 2007. The offer applies to all direct unit trust and Isa business and applications through Cofunds, Transact and FundsNetwork. Schroders expects multi-manager funds to be popular during the Isa season and believes the multi-asset approach of its funds will provide a competitive edge. It particularly expects the cautious managed distribution portfolio to attract interest because it is not constrained by target income yields when the manager selects the underlying funds. Schroders says this allows it to achieve potentially higher returns while keeping volatility to a minimum. Head of multi-manager Andrew Yeadon says: “Over the last year, asset allocation has been very helpful to the cautious managed distribution fund. We have reflected our positive view on equities by operating towards the sector’s 60 per cent maximum weight in this asset class. At the same time, we maintained exposure to Japan, Asia, emerging markets, energy, private equity and commercial property, which were all well rewarded.”
Matrix Structured Products has established the Matrix ascension plan 3, a capital-protected hedge fund.
King & Shaxson Asset Management
Ethical Balanced Income Fund
So farewell then, Gerrard. As you read this I will have moved on to whatever pastures await me in my semi-retirement. I say semi because I know what tasks might be found for me at home if I do not profess to a continuing interest in the investment world.
The FSA and Financial Ombudsman Service should be dismantled and the Financial Services and Markets Act repealed, according to the IFA Defence Union’s submission to the Tory’s economic competitiveness review. The IFADU was asked by Tory MP John Redwood to submit a paper as part of his group’s review of economic policy, which is set […]
George Osborne announced in his July Budget speech that the UK will introduce a new National Living Wage in April 2016. So what – if anything – does this mean for employee benefits?
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