Old Mutual launches inflation-beating 'generation' multi-asset range

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 ...