Quilter has taken steps to hedge against the possibility of inflation remaining higher for longer across its Cirilium portfolios.
Ian Jensen-Humphreys and the team have added two new names to their lineup: the M&G European Strategic Value fund and the ClearBridge Global Infrastructure Income fund.
The former was added to both the Cirilium Active and Blend portfolios, while the latter was added to Cirilium Blend.
“While inflation has moderated, it still poses a challenge to many investors. That is why we particularly liked the long-term, inflation linked aspect of the ClearBridge fund for Cirilium Blend, as it aligns with the desire of our investors for real terms growth,” says Jensen-Humphreys.
“Coupled with the long-term nature of the M&G European Strategic Value, we believe we have identified funds for our investors that will serve well not only in the current environment, but over the long-term too, allowing us to block out the noise should volatility return,” he adds.
M&G European Strategic Value is €1.6bn in size, while the ClearBridge fund is in fact the top performer among 24 contemporaries across the past five years.
The fund also targets a yield of above the OECD G7 Inflation Index + 5.5 per cent, which is a chunky hurdle to clamber over, though a combination of the inflation linkage of some of the assets it holds may help in that regard.
Many DFMs agree: it is the most popular infrastructure fund in our database, a title it shares with First Sentier Global Listed Infrastructure.
