View more on these topics

Sequel funds aim for low costs

Foster Denovo has linked up with Allium Capital to set up a new investment company.

Sequel Investments starts with three multi-manager, multi-asset solutions comprising a cautious, balanced and adventurous fund, all of which, it says, will be low-cost. It has appointed three separate managers for each portfolio with Sarasin & Partners managing the cautious fund, Schroders the balanced and Henderson the cautious portfolio.

It is to use Praemium’s Smartfund structures, which uses separately managed accounts, which is designed to offer more transparency for advisers.

Fund managers will have the freedom to move across asset classes to meet their mandates, gaining exposure to altern- ative investments, including property, commodities and hedge funds if required.

They will be able to move into lower-cost vehicles such as exchange traded funds to save costs in slower markets.


Revenue probes bank on China link

Lloyds Banking Group is facing an investigation by HM Revenue & Customs following allegations that wealthy clients are being encouraged to avoid UK taxes by channeling money through China.


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