Investec launches inflation-linked fund in RDR drive

The Investec Diversified Growth fund, run by Philip Saunders, will aim to deliver returns well in excess of UK inflation by investing across a range of uncorrelated asset classes. Saunders, head of the global multi-asset team, will invest across equities, commodities, currencies and alternatives, with the portfolio broken down into three baskets. The manager and his team will allocate across growth, defensive and uncorrelated assets, with each of the three elements accounting for at least 20% of the fund. The Diversified Growth fund will sit alongside Investec’s £2.1bn Cautious Man...