Investments  

Zurich and Aegon link up for multi-asset offering

Zurich and Aegon link up for multi-asset offering

Zurich is to offer its range of five Horizon multi-asset funds to clients of the Aegon platform.

The fund range, which was launched five years ago, has until now only been available to clients of Zurich’s own platform.

The funds have total assets under management of £534m. The ongoing charge for each of the funds ranges from 0.81 per cent to 0.84 per cent.

The long-term asset allocation on the funds is performed by Evalue, while Columbia Threadneedle performs the more immediate asset allocation and the asset management activities such as making individual investments.

Zurich provides the risk management oversight for the fund range. The funds invest in a mixture of equities bonds and property, and hold some cash.

Fraser Blain, Zurich’s national investment director, said: "Our multi-asset Horizon funds are continuing to go from strength-to-strength.  

"Since their launch, the funds have delivered cumulative returns of between 40 per cent and 70 per cent, and enjoyed inflows of more than £500m.

"Given their strong and consistent performance in the market, we’re seeing growing demand for the funds, especially from advisers looking for a retirement solution.  

"Adding the funds to Aegon’s platform will further extend their availability and reach for advisers and consumers."

An Aegon representative said: "We are delighted to have added Zurich’s Horizon funds to the Aegon Retirement Choices platform.

"Our platform offers over 4,000 investment options, and the addition of this popular range of multi-asset funds adds further choice for our customers."

david.thorpe@ft.com