Rathbones taps into offshore growth with four funds

Rathbone Unit Trust Management (RUTM) will offer four Luxembourg-domiciled funds to European investors next month in order to tap into the offshore market’s “considerable” growth potential.

Rathbones taps into offshore growth with four funds

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The funds will operate via a master-feeder fund structure allowing investors access to the Ethical Bond fund, managed by head of fixed income Bryn Jones and Noelle Cazalis, as well as head of multi-asset David Coombs’ Total Return, Strategic Growth and Enhanced Growth portfolios, on which he will be supported by Will McIntosh-Whyte.

With a May launch planned, subject to regulatory approvals from Luxembourg’s Commission de Surveillance du Secteur Financier, Rathbones will target the expat community across the continent.

Distributed through financial advisers, life companies and Qrops providers in the UK and Europe, each fund will follow the investment process and objectives of its master funds in the UK.

They will be denominated in sterling with currency share classes also available.

Mike Webb, chief executive of RUTM, said: “This launch offers our existing and new clients within Europe greater access to our experience across fixed income and multi-asset investing.

“The move is in line with our long-term strategy of broadening our distribution through intermediary channels in the UK and now across Europe. Based on demand for our investment services to date, we believe this new market to have considerable growth potential for the business.”

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