Bringing you live news and features since 2006 

True Potential inflows top GBP1 billion

RELATED TOPICS​

Newcastle upon Tyne-based investment and advice group True Potential has reported over GBP1 billion of net inflows into its funds during 2016, following the launch of the firm’s 10 multi-asset, multi-manager portfolios.

In the 12 months from January to December 2016, a total of GBP1.02 billion of new money was invested into True Potential’s 26 funds, sub-managed by UBS, Allianz Global Investors, Schroders, SEI, 7IM, Columbia Threadneedle and Close Brothers.
 
Compared to the previous year, inflows increased by GBP140 million or 16 per cent, taking the firm through GBP1 billion for 2016 by net retail sales.
 
The 26 funds provide the building blocks for the True Potential Portfolios. The range of 10 multi-asset, multi-manager portfolios was launched at the end of 2015, with growth returns of up to 24 per cent to date.
 
Senior partner Mark Henderson says: “We’re extremely happy to report over GBP1 billion of inflows into our funds through 2016. The funds have performed exceptionally well while the True Potential Portfolios have attracted investors and advisers in the wake of market-moving global events.
 
“The level of diversification we are able to achieve with our global fund manager partners is a key factor. Investors have global exposure to over 120,000 individual holdings, helping to smooth out bumps in the road with discretionary management at no extra charge. The combination of both has produced this outstanding result.” 

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Kelli Keough, SoFi
Fintech company, SoFi, launched in 2011, initially offering student-loan refinancing, then expanding into personal loans, mortgages, credit cards, banking services,...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by