Prism to launch trio of multi-manager funds

Prism has partnered with ten IFA firms to launch the range, using IFDS Managers' hosted ACD service with Lothar Mental leading Octopus's multi-manager team on the funds. The new vehicles are the IFDS Prism Cautious Growth, IFDS Prism Capital Growth (both in the IMA Balanced Managed Sector) and IFDS Prism Advanced (in IMA Active Managed). The vehicles have been designed to complement the existing risk modelling software used by the participating IFA firms and further investment products are expected in due course. Guy Myles, managing director of Octopus, says: "Our investment team will ...