BMO Global Asset Management (BMO GAM) has introduced a suite of actively managed multi-asset portfolios targeted at investors with smaller sums.
The solution, Universal Multi-Asset Portfolios, includes three funds that will invest globally in equities and fixed income, aiming to offer long-term growth within a specific volatility level.
Go deeper with GlobalData
The funds, having a capped ongoing charge of 0.29%, will mostly focus on active strategies but will also offer access to passive investments when required.
The funds will be managed by the firm’s multi-asset investment team, headed by Paul Niven.
BMO GAM (EMEA) head of UK intermediary Rob Thorpe said: “We saw a clear gap in the market to provide a low-cost active management solution, particularly at a time of change within the retirement landscape and when many market commentators are arguing that market conditions appear to be favouring a more active approach to investing. We also recognise that investors and their advisers want a clear understanding of the likely volatility of their investments, which is why each fund is risk-targeted.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
