HSBC Global Asset Management has introduced a range of multi-asset retirement funds for the defined contribution (DC) pension marketplace.
The funds are designed to provide value for money and suit the needs of different members. They have been built on the firm's existing multi-asset World Selection fund range launched in 2009 for investors seeking portfolio diversification through a single investment. The DC range gives members a choice of three risk-rated portfolios: cautious, balanced, and dynamic. Head of UK institutional Stuart White said the DC investment world needed to move from a "collectivised approach" to "mass customisation" where savers' individual needs can be met. The funds' prices will fit within the ...
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