Openwork launches funds for multi-asset solution

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Multi-tied network Openwork has launched four funds which will form the basis of a range of multi-asset model portfolios soon to be available via its investment proposition, Omnis.

The products include a UK fixed interest fund run by Threadneedle; an international equities fund managed by Thomas White International; a global fixed interest fund run by Schroders and an alternative strategies fund managed by Octopus Investments. Along with previously-announced vehicles managed by Jupiter, Schroders and The Boston Company (BNY Mellon), the new funds will be blended to create three model portfolios - Cautious, Balanced and Adventurous - which, subject to Financial Services Authority approval, will launch in the second quarter of this year. Philip Martin, proposition...

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