Thinc says the Tactica range will provide its advisers with a second core investment solution to complement the range of traditionally actively managed F&C Lifestyle funds which the adviser group uses as its first core solution.
The Tactica cautious, balanced and growth funds will invest in similar assets but in different proportions according to the assigned volatility budget of each fund.
Thinc says the deals with Tactica and F&C are designed to help aid autonomy among its advisers in their investment choices.
Thinc group proposition director Jon Everill says: “As an adviser, it is not our business to be a fund manager and this product means that advisers can get on with doing their job which is about giving advice to their clients.”
Tactica chief executive John Ions says: “Having identified investors’ needs for multi-asset funds early, Tactica has succ-essfully run multi-asset class offshore funds for over two years. The launch of our UK registered multi-asset portfolios and their adoption by Thinc is an exciting new dev-elopment in the growth of our business.”
CWC senior partner Clive Waller says: “We are seeing a fragmentation of the old value chain. There is no reason why a distributor cannot also be a manufacturer as long as there is professional investment management.”