Multi-assetAug 25 2016

Morgan Stanley launches global multi-asset funds

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Morgan Stanley launches global multi-asset funds

Morgan Stanley Investment Management (MSIM) has launched two multi-asset funds with varying degrees of volatility in order to help investors access global markets.

The Morgan Stanley Investment Funds Global Balanced fund and the Global Balanced Defensive fund will target a volatility range of 4 to 10 per cent and 2 to 6 per cent, respectively.

The funds will use the company’s Global Balanced Risk Control (GBaR) strategy, which is attempts to maintain a stable risk profile. However, the funds will be the first to incorporate environmental, social and governance (ESG) factors into the process.

Both funds will be managed by Andrew Harmstone and Manfred Hui in London and domiciled in Luxemburg. The ongoing charges figure for Global Balanced Defensives is 0.59 per cent and 0.99 per cent for Global Balanced.

Mr Harmstone said: “The new funds will be based on our established GBaR process, which in our view is the most effective way for investors to participate in rising markets whilst providing strong downside protection.

“We expect the integration of ESG considerations into the process to further improve potential returns and enhance risk management.”