Standard Life Investments has launched a money market fund that invests in both fixed and floating rate products, available to HNWI.
The Liquidity Plus money market fund has a benchmark of three month Libor plus 15 basis points.
Kevin Thompson, managing director of money market funds at Standard Life Investments, said: "The majority of the portfolio will be invested in floating rate products such as mortgage- backed securities as the yield curve has priced in further interest rate rises for next year."
It is expected a euro and dollar version will be launched next year.
Minimum investment is £100,000. Investors have a seven-day notice redemption period. The product is domiciled in Dublin.
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