Russell Investments plans double multi-asset launch

Russell Investments is expanding its UK retail proposition with the launch of two multi-asset products.

The firm will launch a retail version of its institutional focused £760m Multi Asset Growth Strategy fund later this year, while also slating plans for an income product. The Multi Asset Growth Strategy fund aims to achieve equity-like returns, but with two-thirds the volatility of the equity markets, targeting inflation-linked growth. The portfolio invests across a range of asset classes, but principally equities, fixed income and alternatives. Greg Stark, the group's head of UK retail, said the group is well placed to meet the increased demand from advises for growth and income...