Rathbones readies third multi-asset product for Coombs

clock

Rathbones is preparing to add a third fund to its multi-asset range, to be run by investment director David Coombs.

The fund will be a more aggressive, higher risk offering, in comparison to the group's existing two multi-asset portfolios. Coombs already manages £30m in the Multi Asset Total Return portfolio and £48m in the Multi Asset Strategic Growth fund, which both sit in the Unclassified sector. Multi Asset Total Return delivered 6.9% over the year to 16 June, according to Financial Express, while his Strategic Growth fund returned 9.1% over the same period. Strategic Growth has 54% in international equities and a return target equal to UK CPI +5%. Its volatility rate is equal to two-thirds...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read