Wren Sterling’s discretionary fund management business, Magnus, has launched three multi-asset funds for clients of the group’s financial planners.
The IFSL Magnus Max 35% Equity fund, the IFSL Magnus Max 60% Equity fund and the IFSL Magnus Max 85% Equity fund are said to complement Magnus's managed portfolio solutions (MPS) range, which manages more than £1bn of assets for Wren Sterling clients. The funds have launched with about £50m of assets in each and the lead manager is Magnus chief investment officer Rory McPherson, supported by deputy manager Georgina Ogilvie-Jones. Both already manage the Magnus MPS range. Magnus has appointed the Marlborough Group's Investment Fund Services (IFSL) as the funds' authorised corporate dir...
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