Cautious multi-manager vehicle from Schroders

launches

Schroders is launching a Cautious multi-manager fund on 11 March and this week intends to restructur...

Schroders is launching a Cautious multi-manager fund on 11 March and this week intends to restructure its North American fund. The Schroder S&P Cautious Managed Distribution Portfolio will invest in UK and global equity and bond funds and will have the capacity to invest in property, private equity and low volatility hedge funds. Managed by Andrew Yeadon, the fund will get input from Standard & Poor's research. Targeting a return of 1.5% net of fees over the IMA Cautious Managed sector average, the portfolio will invest in four UK equity funds: 9% in Artemis Special Situations, 11% in Me...