Canada Life International Limited (CLI) is expanding its international fund range with the launch of the GHC Resilient funds.
The company is the first offshore provider to have a formal link in place with the fund, adding to the number of agreements already in place with GHC Fund Management Limited.
Mario Ricciardi, executive director - investments & business development at CLI says the inclusion of the GHC Resilient Funds provides the company with a new group of multi-manager funds that are specifically suitable for clients and IFA's who do not necessarily want to build portfolios from a range of funds themselves.
Richard Harper, senior fund mnager at GHC Fund Management Limited adds:
"IFA's will assess a client's suitability, objectives, timescales and attitude to risk. From this they will select the appropriate risk graded fund from the Resilient range. The client's money is then managed within the fund as if it were an actively managed discretionary portfolio.
"In other words each risk graded fund will reap the benefits of the GHC independent macro economic research, top down asset allocation and stock selection, usually only available to discretionary portfolio management clients".
Since November 2008
Share issue oversubscribed
PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
Events, information and other services
An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client