Schroder Investment Solutions to launch income and defensive funds

MPS and multi-asset arm SIS, launched by Schroder Investment Management in April this year, will add Schroder Defensive Managed to its suite of funds. It will be managed by Schroders' multi-asset team, which is headed up by CIO Johanna Kyrkland. The portfolio will be managed on a strategic asset allocation basis, with assets divided into three buckets - those that protect against inflation, those that generate growth and those that are defensive. The aim of the portfolio is to provide cautious investors with a product that still provides exposure to risk assets. Alex Funk, chief inves...