Framlington to open fund to retail investors

Framlington is to open its Managed Balanced pension fund to retail investors on 1 February, as first...

Framlington is to open its Managed Balanced pension fund to retail investors on 1 February, as first reported in Investment Week in November. The fund, run by the group's financials manager Richard Peirson since launch in 1992, is designed to offer a smoothed return over the long-term through a mix of global equities and bonds. Peirson has overall responsibility for asset allocation and manages UK equities and bonds within the portfolio. Other managers responsible for their respective areas are Anja Balfour for Japan, William Calvert for emerging markets, Mark Hargraves for European equit...