Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Harrington Cooper to distribute Barclays' UK Radar fund

Harrington Cooper to distribute Barclays' UK Radar fund

Barclays Capital has appointed Harrington Cooper to boost its fund distribution capability for the launch of its onshore Radar fund, based on its successful offshore version. 

Harrington Cooper, the third-party sales specialist firm who also distributes Eclectica funds, will support Barclays in launching the IFSL Barclays Radar fund, a UK-domiciled version of its research analysis driven Absolute Return fund.

The fund, which is being launched in March, employs the same investment strategy as the offshore fund.

The UK-domiciled version aims to provide positive absolute returns over rolling 12-month periods, and is managed by the Barclays Capital Fund Solutions portfolio management team, who draw from Barclays Capital research to create their tactical asset allocation strategy.

The fund’s asset allocation is also determined through macro-economic and market analysis of a diversified pool of global assets. The fund can invest in a range of asset classes, including global equities, bonds, commodities and currencies.

Harry Dickinson, partner at Harrington Cooper, said: ‘ As a credible and proven strategy clearly differentiated from its peers, the Radar funds fulfil all our criteria for representing fund manager capabilities and this is a great opportunity to help the Barclays Capital team build demand in the UK market.’

The Barclays Capital Radar fund returned 36.2% over three years to the 24 February, compared with the benchmark’s 2.7%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter