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Seven funds halfway to 1bn

Seven Investment Management has passed the half- a-billion-pound milestone across its multi-manager fund range.

Since Seven launched its multi-manager Oeic 30 months ago, three of its original funds – moderately cautious, balanced and moderately adventurous – now have more than 100m in assets apiece.

The portfolios are overseen by chief investment officer Ros Price and invest in commodities, international property and infrastructure, currency, private equity and hedge funds as well as more traditional equity and fixed-interest funds.

The group also uses exchange traded funds to gain low-cost access to indices and has used structured products, which differentiates its funds from those of its peers.

As a group, Seven now has 1.25bn in total assets under management.

Marketing director Justin Urquhart Stewart says: “It was one of our tenets when we established Seven to try and bring to private investors and their advisers more of the facilities and capabilities of the wholesale institutional market.

“In our view, we are just at the beginning of this process and there is a lot more we can achieve for investors.”

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