Scottish Widows Investment Partnership has launched two funds, the Multi-Manager Diversity fund and the Absolute Return Bond fund, onto Skandia’s Selestia Investment Solutions platform.
Scottish Widows Investment Partnership (SWIP) said that the two new funds will also be available as insured fund links via Skandia’s life and pension products.
Scott Dakers, Head of Strategic Alliances at SWIP said: “We are absolutely delighted to have two of our most popular funds added to Skandia’s platform as insured fund links. Both funds offer incredible investment expertise to the life and pension market place.”
The SWIP Multi-Manager Diversity Fund is managed by managers Mark Harries and Simon Wood. SWIP’s Absolute Return Bond fund is a low risk low volatility fund. It aims to achieve a positive capital return over the longer term and targets cash plus 3%, added SWIP.
Gareth Quantrill, co-manager and head of bond product at SWIP, said: The structure of our Absolute Return Bond fund leads it to have a low correlation with bond markets which enables it to offer excellent asset diversification for investors. The absolute return strategy gives us greater scope to use sophisticated tools and techniques, such as derivative overlay strategies to add significant value in any market environment and to help us achieve steady absolute positive returns for our clients over the longer term.
