Albany International, recently re-branded Canada Life International, is adding three more fund links...
Albany International, recently re-branded Canada Life International, is adding three more fund links to its range of offshore products.
Effective immediately is a link to Mercury Asset Management's UK Smaller Companies fund and in January the group will link to Fidelity's new offshore technology and telecommunications funds.
Canada Life International also has plans to add another external fund manager to its range of products early next year. Currently its largest investment adviser is Mercury but it also has fund links with Fidelity Investments, Edinburgh Fund Managers and Scottish Value Management.
Albany International was re-branded earlier this month following the demutualisation of the Canadian life company at the start of November.
The Albany International has operated from the Isle of Man since 1987 and became a part of the Canada Life group when its US parent Metropolitan Life was acquired in 1997.
Its main offshore products currently include the Delta Account, which combines access to a range of the group's funds with the tax benefits of an offshore life assurance policy, and the Premier Account Alpha version. The underlying assets of the account must be selected from a menu of pooled funds available through Canada Life International and the minimum investment is £25,000.
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