Allied Dunbar is to extend its range of fund links later this year with further launches including a...
Allied Dunbar is to extend its range of fund links later this year with further launches including an ethical link.
The 'socially responsible investment' fund-link will be launched in the autumn although the third-party manager that will run the portfolio has yet to be finalised. Allied Dunbar is also to add a further three investment management groups to its range of fund links for bond and pension products in the fourth quarter of this year.
Peter Foster, director of investment marketing at Allied Dunbar, said the ethical fund link is being set up in response to growing demand from investment and pension clients for an ethical option. He added that the group is keen to extend the number of investment managers it is linked to to increase the investment choice available to Allied Dunbar clients.
As previously reported in Investment Week, Allied Dunbar has linked up with Schroders, Perpetual and Fidelity to offer a series of fund links to its life bond and pension ranges. Schroders is running a managed balanced fund while Perpetual and Fidelity manage fund of funds products investing in their own ranges.
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