Sanlam UK takes management of VAM discretionary range as firms enter DFM partnership

Three funds to be transferred

Jayna Rana
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Sanlam UK takes management of VAM discretionary range as firms enter DFM partnership

Sanlam UK and VAM Global Management have announced the start of a strategic partnership, which will see the latter's $175m discretionary fund range move under the management of the Sanlam.

The VAM Cautious, Balanced and Growth funds will transfer to the management of Sanlam UK to reflect a broader trend of discretionary funds moving away from the fund of funds model, in order to access better costs and improved transparency for investors. Having launched in 2011 in response to rising demand for direct discretionary fund management services from VAM's clients, each of the funds is designed to suit a specific investor preference and risk profile, for those seeking growth, income or capital preservation. Sanlam UK expands portfolio management team with HNW specialist Pe...

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