Santander adds two funds to product range

Santander has added two portfolios to its range, a multi-manager offering focusing on global emerging market equities, and a single manager income portfolio.

The Global Emerging Equity Portfolio invests across best of breed external managers, allocating funds to GEM portfolios as well as regional specialists.

It sits within the firm's multi-manager range, headed up by Tom Caddick.

The Dividend Income portfolio is run by Hak Salih, manager of the £200m UK Equity Income trust. It invests predominately in UK and European equities.

Caddick who joined Santander from LVAM in January, said: "Our multi-manager approach is ultimately about providing clients with access to funds that are expertly and diligently managed in line with their risk profile.

"As part of a global multi-manager team, we are also able to offer clients the expertise, depth of resourcing and specialised local knowledge our overarching global infrastructure provides."