SLI launches MyFolio multi manager SICAV fund

First launched in the UK in 2010 as an OEIC, the MyFolio suite has been one of Standard Life Investments’ fastest growing fund ranges and now forms an important part of its UK wholesale business, reaching £10 billion in assets under management in November 2016.

The MyFolio Funds are a family of carefully constructed risk-based portfolios that offer investors a choice of investment strategies across five risk levels.

In this latest development for MyFolio, the Multi-Manager funds are now available in Germany under a Luxemburg–domiciled SICAV umbrella.

The funds consist of five multi-asset, fund-of-fund portfolios that aim to provide investors with a long-term return in line with their chosen level of risk.

MyFolio is managed by the 12-strong Fund Solutions team based in London.

Lead managers for the Multi Manager SICAV portfolios are Joe Wiggins, fund manager and James Millard, investment director.

The Fund Solutions team is supported by the wider multi asset investment capability at Standard Life Investments.

SLI said the fund’s investment process includes strategic and tactical asset allocation, fund research and selection from a global universe of leading investment managers across the asset class spectrum along with regular rebalancing.

James Millard, investment director, fund solutions, Standard Life Investments, said: “The launch of the MyFolio Multi-Manager SICAV is an exciting new step for us. MyFolio has been very successful in the UK, helping both advisors and investors to navigate the volatile market environment and regulatory changes we’ve seen over the last five years. The fund range also has a very strong track record in the UK since launch, delivering returns consistent with clients’ chosen risk profiles. In the current low growth, low return environment, it is the right time to launch the Multi Manager range in Germany, so that investors can benefit from active management and diversification across 16 different asset classes. The whole of market fund selection is also a rare opportunity for investors to access global investment talent in one simple solution.”

Frank Richter, Head of Sales for Germany, Standard Life Investments, said: “We’ve been active in Germany for over a decade and we are now seeing increased demand from the retail market; advisors, their clients and also retail banks for a cost effective, risk targeted solution that meets a variety of investment objectives. The Multi-Manager SICAV is an innovative solution that allows financial advisers to focus on client relationships and provides access to the best available funds from leading asset managers across the globe while monitoring and managing the chosen risk level on an ongoing basis.”