Standard Life Investments has this morning exapanded its move into the multimanager market with the launch of seven manager of manager funds inside its sigma mutual fund suite.
Creation of the SLI multimanager range was first rolled out in March last year, which saw MoM introduced into its pension products, before extending the investment to other products. A mixture of bond and equity MoM funds is targeted at the intermediary sector - and can be included as part of an Isa or Pep as well as part of SLI’s capital investment bond, mutual funds, retail pensions, its trustee investment plan and its personal pension investment plan - as initial commission is offered at 4%. The sigma mutual fund range already includes access to 87 funds – 60 external funds and 27 ...
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