Old Mutual Global Investors has launched a four strong multi-asset fund range for John Ventre, which aim to beat inflation over the long term.
The fund range, called Generation Funds, is aimed at investors seeking regular income, with the funds aiming to generate a total investment return ahead of inflation over a rolling five to seven year period.
Julian Ide, CEO of Old Mutual Global Investors, said the funds will be aimed at the post-retirement market.
"Innovation and the creation of tailored investment solutions are at the heart of our new business and help meet the demand from a large group of investors looking to secure their futures post retirement," Ide said.
The Generation funds will be marketed under the Skandia name until the business rebrand has been completed.
The funds carry a minimum investment of £1,000 and an annual management charge ("AMC") of 1.25%.
Ventre (pictured), head of multi-manager at the group, said the funds represent a fully outsourced solution which could form a core component of many investors' financial plans.
"Our four new funds offer a variety of income solutions and address a real gap in the market, in particular those looking to enter in to Income Drawdown, but who are concerned about whether their pension will last the distance.
"With returns on cash and government bonds at, or near, historical lows and highly volatile equity markets, we believe that these products will form a complete outsourced solution to complement our Spectrum funds and prove to be highly popular with investors who are looking for income."
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till