Quilter's Cirilium range turns to ETFs for Europe value play

Tactical strategy to boost returns

Quilter Investors' multi-asset portfolio range has turned to passive products in a bid to take advantage of opportunities in European value investments.

Paul Craig, co-manager of the Cirilium portfolios, told Investment Week the team had invested £160m in the SPDR S&P Euro Dividend Aristocrats ETF as a tactical trade to benefit from the current rotation to value. "I looked at our European line-up and they were all very much growth managers," he said.  Quilter Investors adds Patel and Chorley to Cirilium range "Where we did not really have [European] exposure was from the value side, but we were not certain that it was going to be an investment for the longer term. "We decided to use an ETF as we did not want the disruption of do...