New multi-manager boutique Apollo Multi Asset Management is to distribute its Balanced and Cautious funds outside the UK through Guernsey protected cell companies (PCCs).
Apollo launched its funds this week. The funds are managed by Tom McGrath and Steve Brann, formerly of Miton Investment Management, and Craig Wetton, formerly of Chartwell Investment Management. Both funds aim to achieve superior risk-adjusted returns through holding multi-asset fund portfolios spanning eight asset classes: equities, bonds, cash, commodities, property, currencies, alternatives and private equity. The UK-based funds are structured as non-Ucits retail schemes (Nurs). The Guernsey PCCs feed into the onshore funds and will be branded AMAM. Apollo aims to distribute the PC...
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