True Potential has reported more than £1bn of net inflows into its funds during 2016, following the launch of its 10 multi-asset and multi-manager portfolios.
In the 12 months from January to December 2016, a total of £1.02bn of new money was invested into True Potential’s 26 funds.
Compared to the previous year, inflows increased by £140m or 16 per cent.
Mark Henderson, senior partner at True Potential, said: “We’re extremely happy to report over £1bn of inflows into our funds through 2016.
“The funds have performed exceptionally well while the True Potential Portfolios have attracted investors and advisers in the wake of market-moving global events.
“The level of diversification we are able to achieve with our global fund manager partners is a key factor.
“Investors have global exposure to over 120,000 individual holdings, helping to smooth out bumps in the road with discretionary management at no extra charge.
“The combination of both has produced this outstanding result.”
The 26 funds are sub-managed by UBS, Allianz Global Investors, Schroders, SEI, 7IM, Columbia Threadneedle and Close Brothers.
They provide the building blocks for the True Potential Portfolios.
The range of 10 multi-asset, multi-manager portfolios was launched at the end of 2015, with growth returns of up to 24 per cent to date.
damian.fantato@ft.com
