Subject to regulatory approval, the proposition will go live later this year with the launch of an initial suite of four multi-asset funds specially designed to suit a range of different risk appetites.
The funds, which will be made available through a number of leading platforms, will give investors access to a full range of asset classes and will be populated by funds selected by the Henderson multi-asset team led by Bill McQuaker.
Anthony Morrow, director at Paradigm, said, “As part of our drive to offer advisers the best and widest possible selection of services and solutions, we are always looking at ideas and initiatives that can add value to the proposition.
“The partnership we have formed with Henderson and their award-winning multi- asset team is part of our plans to build a modern market-leading investment management business that incorporates our existing proposition, Prism Capital Management, which has over £250m of assets and is managed by Octopus Investments.”