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Sesame and Henderson team up for investment launch

Sesame Bankhall has teamed up with Henderson Global Investors to launch a new investment arm for its clients.

Optimum Investment Management is designed to allow advisers to create bespoke investment solutions. The firm will offer a range of multi-asset, multi-manager solutions that can be blended and rebalanced to match a client’s risk appetite.

The fund’s will be managed by Henderson multi-manager director Tony Lanning, with Helen Bradshaw as co-manager.

Sesame Bankhall group chief executive officer George Higginson says: “This new service will help advisers to deliver a more efficient, valuable and bespoke service to their clients. We are helping advisers to write business safely and efficiently, which will become even more important in a post-RDR world. The new service will also give advisers the opportunity to de-risk their business by incorporating a compliance process that helps firms to better manage regulatory risk when writing investment business.

“We are helping advisers to increase the value they offer their clients and deliver an ongoing service. This in turn will help advisers to develop more recurring revenue and, ultimately, to build greater embedded value in their firm.”

The news follows the announcement that Sesame has signed a strategic partnership with the UK arm of Australian wealth management software provider Iress.

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. nasty grubby broker funds 14th November 2011 at 12:30 pm

    not a surprise but anyone sensible will avoid

    the FSA will smash these to pieces when they get their feet under the table

  2. Why would anyone use these? There are already many quality multi-manager risk based funds available with a proven track record. And if you accessed these via Sesame One/Axa Elevate, then Sesame would be taking retention on the fees/commission, a cut from the platform and a cut from the funds? Triple tipple!

    Couple this with the FSA’s attention on DIFs and I can’t see many Sesame firms being overly enamoured with this offering.

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