Standard Life Investments has launched two new suites of MyFolio funds: Multi Manager Income and Managed Income.
Each suite is comprised of five multi manager funds with different levels of risk.
Bambos Hambi, head of fund of funds management, says there is strong demand from investors for risk controlled multi asset funds.
“The new MyFolio Income range of funds has been structured to deliver a higher yield as a result of adopting a slightly different asset allocation stance and by investing in underlying funds that themselves have a higher yield expectation,” Hambi says.
“It seems an entirely natural progression for us now to offer income seeking investors the opportunity to invest in funds adopting a similar
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