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...
Simon Evan-Cook to leave business later this month
Cautious, Balanced and Growth products unveiled
Multi-asset funds are left with a dilemma
Risk-graded portfolios managed unveiled
MAF Core range launches with OCF of 0.15%
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.