RAM merger opens up Axial range to UK

Resolution and Axial merger will give external investors first access to vehicles from Pearl Group's investment arm

Resolution Asset Management and Axial will offer retail versions of the latter's quants-driven products when the groups merge this year. This will give external investors access to vehicles from Pearl Group's Axial investment arm for the first time. Axial currently manages almost £30bn for Pearl, mainly in closed life books. As the group is strong in alternatives, a multi-asset, absolute return product is expected to be among the retail launches. The products will sit alongside Resolution's existing range. Jonathan Polin, director at RAM, said: "Axial's product range compliments R...