Aberdeen Standard Investments joins with Skipton to launch new fund range

The Edinburgh-based fund manager arm of Standard Life Aberdeen said the partnership will build on its existing £13.9bn MyFolio fund range, its multi-asset solutions for advisers, by adding five new index funds.

Bambos Hambi and James Millard run the 19-strong multi-manager strategies team which oversees the fund range.

The new index funds are a range of risk-targeted funds which allow advisers to select a fund aligned to their clients’ risk requirements.

ASI global head of distribution Campbell Fleming, said: “We are delighted that Skipton Building Society has chosen to adopt our new MyFolio Index range as a core part of its investment offering for retail investors.”

Skipton’s director of financial advice Matthew Leach added: “We’ve offered a financial advice service for over 30 years and have helped thousands of customers make plans for their future. I’m really pleased we now have ASI on board to help us drive this forward even more.”