Prudential is extending its partnership with OBSR to launch five actively-managed and risk-rated funds to help advisers adapt to regulatory changes.
The five Prudential Dynamic Portfolio funds, to launch on Friday, enable advisers to access asset allocation and fund selection in one place.
Prudential's Portfolio Managed Group (PMG) will be responsible for asset allocation with OBSR selecting and recommending funds.
The five risk-rated portfolios - defensive, cautious, cautious growth, balanced and adventurous - will be available through Prudential's personal pension products, income drawdown as well as onshore and offshore bonds.
Each fund will be actively managed in line with portfolio investment objectives, thereby limiting the potential risk of TCF issues through running static portfolios.
"Advisers need active cost-effective support with their investment management to address the changing regulatory environment," says Prudential director of investment funds Andy Brown.
The new risk-rated portfolios build on the PruSelect fund range, again a collaboration between Prudential and OBSR, in 2008.
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