Royal Liver to launch MM range in 2008

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Royal Liver is planning to launch a range of multi-manager investment funds early in 2008.

The mutual says it will offer a broad range of risk-adjusted funds which will be available through the IFA sector. The funds will be outsourced to external fund managers and will be run on a manager of managers basis. However, Royal Liver will play an active role in overseeing the funds. Royal Liver is currently running multi-manager funds internally using members’ money but the first roll out to the wider market will come in the new year. The group also announced its strongest first half results for five years driven by a change in strategy. Three years ago, Royal Liver decided to...

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