Omnis Investments, part of the Openwork Partnership, has launched a new managed portfolio service (MPS) which combines the use of both active managed funds and exchange traded funds (ETFs).
Launching with four portfolios, matched to different return targets and risk profiles, funds in the Omnis Agility range will each invest about 30% of their assets in ETFs, which the group said will provide “greater flexibility” and access to a wider set of opportunities.
Investing in funds that primarily focus on equities and bonds, the strategic asset allocation of the four portfolios has been set in line with Openwork’s existing risk management frameworks.
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“We have designed Omnis Agility by considering how to successfully invest in today’s ever-changing markets, which requires flexible thinking and the ability to combine long term strategies with active portfolio management,” said Andrew Summers, chief investment officer at Omnis Investments.
“We strongly believe in the ability of active investing to generate superior returns over the medium and longer term,” he added. “By adding an additional layer of active management to the funds, by tactically using ETFs to implement specific investment views with precision, we aim to further enhance long term performance in an efficient and cost effective way.”
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