Distribution Technology to risk-rate Henderson MM funds
Six funds to be risk-rated across Henderson’s multi-manager and multi-asset funds.
Risk profiler Distribution Technology has risk-rated five of Henderson Global Investors’ multi-manager funds and the £1.1bn Cautious Managed fund.
Tony Lanning’s £143.9m Multi-Manager Absolute Return fund and four funds run by Bill McQuaker have all been assigned risk ratings of between three and six by Distribution Technology, based on historical returns and volatility.
The Multi-Manager Diversified fund, run by Mr McQuaker and Paul Craig, has not been rated as Henderson changed the fund’s objective and sector earlier this year.
Distribution Technology struck a deal with BlackRock earlier this year to rate its Consensus funds, and is also in talks with Jupiter to risk-rate John Chatfeild-Roberts’ Merlin range of multi-manager funds.
More on Multi-Manager Funds
- Mark Harris warns of defensive bubble
- Substantial inflows for popular JPMAM fund
- Three-year return puts HL trust above average