Assets under management in the MyFolio funds run by global investment manager Standard Life Investments have reached GBP2bn.
Breaking the GBP2bn mark makes MyFolio one of the fastest growing fund ranges in Standard Life Investments’ history, having launched just over two years ago in October 2010.
Originally designed as a way for clients to navigate the post RDR environment, the MyFolio range has proved immensely popular as advisers and clients see the value in risk based investment solutions.
Bambos Hambi, head of fund of funds management, Standard Life Investments, says: “Despite high levels of volatility across the markets over the last two years, MyFolio funds have delivered risk outcomes in-line with expectations. We always knew that the MyFolio fund range had something special to offer clients and advisers, but I’m very pleased that we’ve hit the GBP2bn threshold so soon.
“I am confident that we have a range of funds to meet the majority of investor’s needs. The Multi-Manager suite now has one of the largest and most experienced research teams in the industry which reflects Standard Life Investments’ commitment to MyFolio and the whole fund range. I’ve no doubt that the team will continue to provide excellent investment solutions for investors.”