Architas has merged four funds run by Danske Bank into its Multi-Asset Blended range of risk-targeted funds, adding £70m in assets.
The merger comes after Danske Bank appointed Architas to run core funds in its restricted offering for its personal banking customers in December 2012.
The CF Danske Income, Balanced, Cautious Managed and Active Growth funds - which have a total of £70m in assets - are to be merged into four risk-targeted Architas funds, which the multi-asset specialist said had been matched to the Danske funds to ensure investors kept a similar risk profile.
Cedric Bucher, head of business development at Architas, said: “With changes in both regulation and customer demand, we are working closely with our key clients to meet the changing environment. The successful implementation was achieved by a multi-disciplinary project team with experts from across the business, including the investment team, product management and operations.”
The Architas-Danske mergers:
| Danske fund | Merged into |
| CF Danske Income | Architas MA Blended Reserve |
| CF Danske Cautious Managed | Architas MA Blended Moderate |
| CF Danske Balanced | Architas MA Blended Intermediate |
| CF Danske Active Growth | Architas MA Blended Progressive |
