Cornelian AM unveils passive multi-asset fund range

Follows adviser demand

Cornelian Asset Managers has launched its first passive multi-asset fund range consisting of five risk managed mandates, following adviser demand for a lower-cost investment option.

The risk managed passives (RMP) range will sit alongside the firm's existing active multi-asset range which is managed by a team including director Marcus Brooks and CIO Hector Kilpatrick (pictured). The existing active range consists of the Cautious, Managed Income, Managed Growth, Progressive, Growth and Defensive funds. The decision to launch a replica range using passive vehicles follows adviser demand for an extension of the firm's multi-asset approach, which uses real return objectives and different risk levels, to be used in funds using lower cost investments. Cornelian AM's...