Premier rebrands two Fofs to reflect widening remits

Premier has rebranded two of its fund of funds offerings to reflect the vehicles' widening remit. S...

Premier has rebranded two of its fund of funds offerings to reflect the vehicles' widening remit. Selector Balanced becomes Multi-Asset Distribution, while Selector Growth changes to Multi-Asset Growth, effective from 1 July. Manager David Hambidge has recently been adding structured products and other alternatives to the portfolios. He has also brought the funds into line with a recent Eligible Assets Directive, meaning he can add various other asset classes to the funds in future. Sales and marketing director at the firm Simon Weldon said: "We see fund of funds as an old-fashioned...