Zurich launches first range of funds
The range has broad appeal to different types of investors, from those looking to build for their future through a diversified range of asset classes to those with different risk tolerances. It is designed to provide clarity and simplicity to investors concerning investment risk and expected returns.
“Launching the first range of funds under any new venture is always a significant step. We are very excited about the new multi-asset fund range and we are delighted to be working with Threadneedle on these first five funds. This is the first of a wider range of funds that Zurich intends to bring to the market reflecting the demand that we see for this capability," said Gary Shaughnessy, chief executive of Zurich UK Life.
“We are delighted to be appointed as the inaugural manager for this important initiative. Threadneedle enjoys a long-term, strategic relationship with Zurich, reflecting our strong multi-asset capability and our ability to deliver performance to meet investor needs. We look forward to partnering with Zurich in launching these funds," said Campbell Fleming, Threadneedle CEO.
Reflecting the fact ZISUK is a true multi-manager ACD, Zurich will not directly manage any funds and has therefore not established an investment arm. Instead, it will work with a range of fund managers to bring the very best funds to market, using the best skills available in the investment management community.
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