Schroders affiliate Benchmark Capital chief investment officer Alex Funk has said “everything is going to plan” following the launch of six multi-manager portfolios earlier this summer.
In July, Schroders Investment Management launched the suite of six multi-manager products, Schroder Portfolios, headed up by Funk. The funds intend to provide investors with the "benefit of a model portfolio with the efficiencies of a unitised fund". However, Funk (pictured) says there is a greater aim for the investment manager, which already has several funds available to advisers and investors: "The real reason we launched these [funds] is because we want to effectively become an extension of a financial planner's business. "We just felt there was a gap in the market in terms of ad...
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