Standard Life Investments is preparing to roll-out a number of regional variants of its £18bn Global Absolute Return Strategies fund, as well as a simplified version of the vehicle, IFAonline's sister title Investment Week can reveal.
The new funds will include a multi-asset emerging markets fund, other geographical variants of GARS, as well an equity and fixed-income focused offering that strips out some of the fund's directional and relative value strategies. All will be run by the group's multi-asset team, which last week saw founder member Euan Munro exit to become CEO at Aviva Investors. SLI is pressing ahead with its plans for a raft of new GARS launches despite Munro's departure, believing the additional vehicles can help address concerns over the capacity of the existing £18bn offering. The new funds wil...
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