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Standard Life launches manager of managers range

Standard Life has launched a suite of manager of managers portfolios onto its Sigma mutual funds platform.

Seven funds have been launched offering exposure to a range of regional equity and bond markets.

The selection of the underlying asset managers has been outsourced to US-based fund pickers Wiltshire Associates. The funds will be available within the Sigma investment bond, Isa and Peps, trustee investment pan and personal pension.

They carry a 4 per cent initial and the annual management fees range between 1.4 and 2 per cent.

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