Santander Asset Management UK has launched a range of multi-manager funds with an annual management charge of 40bps and a capped ongoing charge of 99bps.
The Santander Atlas Portfolios are available to intermediaries and through platforms and are managed by the Santander AM global multi-manager fund management team, led by Tom Caddick and Toby Vaughan.
The diversified multi-asset funds are actively and dynamically managed across core global asset classes, including equities, bonds, properties and alternatives.
Santander Asset Management UK chief executive Jeff Scott said Tom Caddick and Toby Vaughan "have a long track record of delivering multi-asset solutions to clients across the globe and we are very pleased to deliver a range built exclusively for intermediaries as we are committed to success in this new space".
The new range of portfolios are not available in branch.
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