PSigma launches Balanced Managed fund of funds

The NURS fund is to be a unitised version of PIM’s current multi-asset fund of funds service, Wealth Management Solutions (WMS) and is to be managed by Tom Becket. WMS was launched over five years ago with quantitative support from PSigma’s sister company PSolve, the specialist investment consultancy within the Punter Southall Group. It utilises a multi-asset strategy, blending forms within asset classes and combining long-term strategic and short-term tactical asset allocations. The flexible asset allocations have been modified greatly over time as they have shifted positions in anti...