The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.
The funds are designed to be held in model portfolios and are available to Openwork's clients via the network's investment proposition Omnis. The model portfolios will centre around three risk bands,...
Asset managers must provide evidence demonstrating the right investments are being made both from financial and sustainability aspects, or risk undermining investors’ trust, Schroders’ Alex Funk says.
Q4 2020 saw 11% rise in assets
Two rate hikes now expected in 2023
A world of 750 multi-asset funds
Multi-billion pound industry
Five key points
400 to be made redundant
Wealth manager also considering sale
'On the surface, flat-rate tax relief is very appealing'