Alex Farlow: Smooth operators

Savers have long sought the ‘Holy Grail' of investment - that is, a return that is ahead of cash but with little or no risk to capital. Of course, no such investment exists, yet the PruFund range go some way to this ideal by providing products that are designed to generate attractive long-term returns but where price movements are smoother than many other strategies investing in a similar mix of assets. Indeed, this range of multi-asset funds from Prudential Assurance Company (Prudential), which helps manage expectations around growth rates, is home to a significant body of assets. The p...