SVM Asset Management has announced the launch of two multi-asset funds of funds, SVM Cautious Managed and Balanced Managed, on 15 May.
The bulk of the portfolios will be invested in a diversified international mix of specialist funds, including private equity, property and hedge funds, in order to exploit opportunities for long-term growth. This is similar to the investment strategy of the SVM Global Opportunities fund, whose managers, Colin McLean and Donald Robertson, will also run the new funds. To mitigate risk both funds will have exposure to an actively managed portfolio of cash and bonds. The Cautious fund will have a 40% weighting to cash and bonds, with the Balanced fund investing 15% in these less risky assets. ...
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