The Marlborough Group has strengthened its international proposition with the launch of a new risk-graded range of UCITS funds of funds domiciled in Ireland.
The four funds – Marlborough Defensive, Marlborough Cautious, Marlborough Balanced and Marlborough Adventurous – have been launched in response to investor demand.
They will invest across a range of key asset classes, with underlying funds selected primarily from Marlborough’s award-winning UK-registered range. Maximum equity exposure will range from 20 per cent for Marlborough Cautious to 100 per cent for Marlborough Adventurous.
The portfolios will be managed by the Marlborough Investment Management team, who are based in the UK at Croxall near Lichfield, Staffordshire.
The launch of the Irish-domiciled funds of funds follows the success of Marlborough International’s Guernsey-domiciled funds of funds, which are also managed by the Marlborough Investment Management team.
The Irish-domiciled funds will be initially promoted in Europe and will be available through life companies and international investment platforms.
Marlborough Group has hired two experienced business development managers, Vasco Moreira and Andy Gibson, to head up distribution of the funds. Moreira, who has spent the past five years working in Singapore for Friends Provident International and Old Mutual International, will focus primarily on adviser relationships across southern Europe. Gibson, who has 25 years’ experience in the offshore world, will focus on Switzerland, Cyprus and northern Europe.
Wayne Green, Joint Managing Director of the Marlborough Group, says: “As a group we’re committed to working in partnership with advisers to help them grow their businesses and better serve their clients. An important part of that is listening to how we can support them, and that’s what’s led to the launch of the new range.
“Our Guernsey funds of funds have proved very popular with advisers serving the international market and European brokers have been telling us they’d like to see a UCITS version of the range, so, we’re responding to what is a clear demand.
“We believe that these all-in-one investment solutions harnessing Marlborough’s investment expertise and using a UCITS structure represent an attractive proposition for investors in Europe.”
The funds will initially be available in sterling-denominated share classes, with euro and US dollar versions, hedged back to sterling, to be launched shortly.
The UCITS management company for the funds will be IFSL International, which is the Marlborough Group’s Irish ‘Super ManCo’.
