Lower risk SRI funds on way, says ISIS
ISIS Asset Management, the investment services subsidiary of Friends Provident, is forecasting an increased supply of lower-risk socially responsible investment (SRI) funds in response to demand from consumers and IFAs.
The company is launching a new vehicle to this end itself, which will have a cash layer and certain unit value guarantees built in. This is part of a broader trend IFAs should expect as providers react...
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