SLI brings global multi-asset fund to wider market

Standard Life Investments (SLI) has brought its Global Focused Strategies fund to the wider market after three months of running the portfolio for specific clients.

The group said its multi-asset team had been running the Luxembourg-based absolute return Sicav portfolio since December last year and had €110m in the fund from clients including pension funds and discretionary wealth managers from three countries.

The fund is available for institutional investors, including discretionary managers and high net worth investors, and targets a return of cash +7.5 per cent over three-year rolling periods.

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Guy Stern, head of multi-asset and macro investing, said: “GFS is an advanced fusion of our macro and micro capabilities, underpinned by our team-based approach and multi-asset risk and portfolio management expertise.

“It benefits directly from the experience and insights of our equity, fixed income, real estate and money market specialists. This allows GFS to fully exploit our investment views to enhance portfolio efficiency.”

The daily-priced fund has share classes in several currencies, including sterling, and charges a flat fee of 1.2 per cent per annum.