RCM to launch ETF-based balanced fund

RCM managing director and head of institutional business development Roger Miners says a pension fund has already committed to investing over €100m once the fund is launched. The firm's diversified growth strategy is meant to offer equity-like returns with low volatility. The strategy targets around 15 different asset classes with exposure to each dynamically managed. Miners says the firm decided to gain exposure to various markets using ETFs on the advice of consultants and pension scheme managers. He says using ETFs allows the manager to be dynamic and take significant, swift pos...