Premier funds service to use five strategies to invest in nine multi-manager portfolios
ABN Amro is to launch its retail fund of funds service next month with five investment strategies investing in nine underlying multi-manager portfolios. The group's plans follow the acquisition of Singer & Friedlander's £105m Premier Funds Service along with its investment team, as exclusively revealed in Investment Week in December. ABN Amro will convert the current Singers offering, which is a discretionary portfolio service, into an umbrella fund of funds, called the ABN Amro Premier Funds Service. The five strategies the service will employ are balanced, capital growth, cons...
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