Four asset class funds 'aim at efficiency and profitability'

Four asset class funds 'aim at efficiency and profitability'

Russell Investments' new funds will provide sources of finance for four different asset classes.

Four new asset financing funds from Russell Investment have been targeted at four different growth areas.

The UK Growth Assets, International Growth Assets, Defensive Assets and Real Assets funds will provide independent financial advisors with sources of finance that are flexible and will enable them to retain independence.

Commenting on the launch of the funds, managing director of UK Private Client Services at Russell Investments Peter Hugh-Smith said: "Advisers needed a reliable route to reconcile the challenge of a broad 'whole of market' investment research edict with a practical need to efficiently build and rebalance client portfolios.

"A core multimanager investment solution organised around funds with return distributions unlikely to explode and up-end their businesses is an effective resolution to that challenge."

It comes after the National Association of Commercial Finance Brokers announced that it will be hosting training sessions to help brokers and advisors to understand more complex products.ADNFCR-2843-ID-19576611-ADNFCR
Monday, 25 January 2010 00:00
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