Waverton launches three multi-asset funds
These new funds will join Waverton’s existing multi-asset growth and income funds that have around £1bn invested in them, and will be managed by James Mee and his team.
These new funds will join Waverton's existing multi-asset growth and income funds that have around £1bn invested in them, and will be managed by James Mee and his team.
The multi-asset funds trio will invest on a global, active and direct basis in a range of asset classes across fixed income, cash equities, and alternatives that will include specialist lending, property and commodities.
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The funds will have ‘real' inflation-plus investment objectives ranging from 2% above inflation to 3.5% above inflation.
Defaqto and Dynamic Planner will rate them from launch, and the funds will be sold into the adviser market.
The new range represents an alternative to Waverton's existing model portfolio service (MPS), as recent changes to capital gains tax rules have made wrapped solutions, such as a multi-asset fund, a more attractive option for clients of any size, the firm said.
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John Bellamy, head of adviser solutions at Waverton, said: «This new range of multi-asset funds marks the next stage in the continued growth of our adviser solutions business.
»Our established network of relationships with hundreds of IFAs across the country has allowed us to identify the demand and focus our efforts on delivering an offering that performs as well as the MPS offering and meet the needs of IFA clients."
According to Waverton, the firm has seen significant growth in its adviser solutions channel, with inflows last
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