Marlborough broadens multi-asset fund range and lowers charges

The fund management group said it had enhanced its investment strategy for multi-asset to mirror its managed portfolio solutions (MPS) range. Both ranges, which are managed by the same team, will use a single investment process. Marlborough's range of multi-asset funds has been increased from four to six, and the names ‘Conservative, ‘Cautious', ‘Balanced' and ‘Global' will no longer be used, it explained. Instead, the portfolios will be numbered from 3 to 8 – reflecting the level of risk and reward targeted. The firm added: "The strategic asset allocation process used by the funds...