Canada Life Investments to launch managed 20%-60% shares fund

Eighth in risk-profiled range

Canada Life Investments will, subject to regulatory approval, this month launch an eighth risk-profiled fund in its managed multi-asset range.

Managed by the group's head of multi-asset Craig Rippe, the LF Canlife Managed 20%-60% fund will focus on generating long-term capital growth, which the group went on to characterise as "in excess of five years". "The 20%-60% is a logical addition to our multi-asset range and neatly rounds off our menu for straightforward, risk-profiled funds," said Rippe. "Outsourcing investments of varied risk appetites has become even more attractive for advisers and their clients given the current geopolitical and macroeconomic uncertainties and their effect on risk and returns." Andrew Morris:...