Santander to target IFAs with UK fund duo

clock

Santander has revealed its £898m UK Growth and £148m UK Equity Income funds will be two of the first funds from its range it will promote to the IFA market in the first half of next year.

Currently, Santander's fund suit is only available through tied advisers, but the group plans to target the IFA market once it has completed the integration of Abbey, Alliance & Leicester and Bradford & Bingley. Marketing director Rob Askham says the funds, run by Richard Moore and Hak Salih, have become the group's key strengths since they were brought in-house in July 2007. "These are two of our core UK funds and they now have significant scale and attractive long-term performance," Askham says. "They operate in very popular sectors, and would be highly attractive to a broad base...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read