Multimanager launch

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By Kira Nickerson AXA Sun Life is to offer four fund of fund products with the launch of its portfol...

By Kira Nickerson AXA Sun Life is to offer four fund of fund products with the launch of its portfolio management service, AXA Multimanager. Multimanager, which is a separate company to AXA Investments, will run the funds on a global basis with offices in London, New York and Paris. The funds, which launch on 3 July, will consist of a Growth fund, which will incorporate the group's current Discretionary Growth trust, Global Opportunities, Income and a lifestyle fund called 2020. Each of the products will invest in between 12 to 14 funds, with no one fund making up more than 10% of each...

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