We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

In association with

Home > Investments > Multi-Manager Funds

By Bradley Gerrard | Published May 18, 2012

T Bailey gets three funds risk rated

T Bailey has had three of its funds risk rated by risk-profiling specialist Distribution Technology.

The multi-manager business has had its £158.7m Growth fund, £25.6m Dynamic Cautious Managed fund and £15.2m Defensive Cautious Managed fund rated.

Growth has been given a rating of 7, or highest medium risk, Dynamic has been rated 5, or low medium risk, and Defensive has been given a rating of 3, or low risk.

The funds have also been added to Distribution Technology’s Dynamic Planner risk-profiling application.

The announcement follows the recent publication of the FSA’s ‘Assessing suitability: Replacement business and centralised investment propositions’ consultation.

The document warned advisers to have robust processes in place to ensure the suitability of investments recommended to clients.

T Bailey said the risk-profiling of its funds on Dynamic Planner will assist advisers in matching a client’s risk appetite to a suitable fund and in demonstrating this has been done.

Sebastian Ladimeji, sales manager, UK strategic partners, said: “As a fund house we at T Bailey value very highly our relationships with advisers and we understand the value to them of the risk-profiling of funds, so this was a logical step for us.”

The trend of multi-managers having funds risk rated has grown in recent months as fund houses view it as important in terms of communicating to investors.

Last month Aberdeen Asset Management’s multi-manager team had four of its funds rated by Distribution Technology while multi-manager boutique Blacksquare launched three new vehicles alongside its existing fund and had the range risk-rated by Distribution Technology.

Other multi-manager ranges Distribution Technology has worked include Apollo Multi Asset Management, Standard Life Investments’ MyFolio range and Seven Investment Management.

visible-status-Standard story-url-IA p16 210512 TBailey 290.xml

Most Popular
More on FTAdviser