Rathbones' Coombs takes risk to lowest level in Strategic Growth
Manager cites liquidity risk for changes
Rathbones' David Coombs has taken risk within the Multi-Asset Strategic Growth Portfolio to its lowest level since launch, and recently approached the board about raising the fund's limit for investing in liquid assets on the back of the German government bond market dropping into negative territory for the first time ever at the start of August.
Head of multi-asset investments Coombs, who runs the four-strong multi-asset range including the £494m Rathbone Multi-Asset Strategic Growth Portfolio, which launched in 2012, says liquidity risk is the...
More on Managed solutions
Premier Miton introduces changes to its multi-manager funds range amid shake-up
Simon Evan-Cook to leave business later this month
M&G unveils three-strong sustainable multi-asset fund range
Cautious, Balanced and Growth products unveiled
Fraser Blain: Finding the 'alternative' without property
Multi-asset funds are left with a dilemma
ASI launches MyFolio Sustainable fund-of-funds range
Risk-graded portfolios managed unveiled
Aviva Investors expands multi-asset range with five 'ESG-optimised' launches
MAF Core range launches with OCF of 0.15%
More news
Louis Williams: Building client confidence to handle market stress
Positive and negative emotions
Hurst Group's Harwood Wealth Management confirms further acquisitions
Acquired £1.25bn in AUM
Thorntons Investments acquires two Scottish IFA firms
Will add around £175m in AuM
Perspective Financial Group makes 39th acquisition
39th deal since 2008
US private equity firm set to acquire AFH in £225m deal
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.
