Schroders Investment Management has launched a suite of six multi-manager products, called Schroder Portfolios, to be headed up by Benchmark Capital CIO Alex Funk.
Schroders said the multi-asset portfolios would invest in a range of assets, including investment trusts and exchange traded funds, with the investment committee, chaired by Funk, also receiving independent fund research from Rayner Spencer Mills Research. The funds would "provide investors with the benefits of a model portfolio with the efficiencies of a unitised fund", Schroders added. The portfolios' asset allocation will be under constant review by the investment committee and will formally be rebalanced on a quarterly basis. Portfolio manager Funk said the investment philosophy o...
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