Scottish Mutual has launched a new multi-manager fund, called Investment Intelligence, leveraging a...
Scottish Mutual has launched a new multi-manager fund, called Investment Intelligence, leveraging advice from its sister company Inscape Investments, as well as Attica Asset Management and Raymond James Killik.
"Up until now, most intermediaries have not been able to offer institutional fund management to retail investors," says Ambrose McGinn, intermediaries sales and marketing director at Abbey National, which owns Scottish Mutual.
Inscape's expertise is in multi-manager, and is the multi-manager arm of Abbey National. Attica Asset Management specializes in institutional multi-manager and Raymond James Killik focuses on wealth management.
Inscape will provide three pre-packaged funds, ranging from cautious to steady and higher growth. Attica will provide six underlying sub-funds, which can be combined to deliver a range of investment strategies.
"We apply one of the world's largest fund manager research resources in selecting our managers," says Nick Slater, director of marketing and client service at Attica. He adds the company's funds access 13 of the highest quality fund management houses, incorporating over 500 investment professionals and £70 billion in assets under management.
Scottish Mutual has an exclusive fund-link deal with Attica, while RJK develops a series of core investment strategies.
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September