Cornelian aims multi-asset funds at wider market

Private client manager is seeking wider client base for its multi-asset Balanced and Growth Oeics after first two years of solid performance

Boutique Cornelian Asset Managers is targeting its two multi-asset portfolios at the wider adviser market as it looks to build assets under management. The group was formed out of a management buyout from Noble, originally launched its Balanced and Growth Oeics in 2005. This was designed to allow retail access to its private client portfolios. Most investors have been existing clients and a core of Scottish advisers and the group is now seeking a wider client base. Over 12 months to 25 June, Cornelian Growth has returned 17.2% bid to bid, ranking 38 out of 113 in the Balanced Managed pee...