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Santander launches five-strong multi-manager fund range

Santander launches five-strong multi-manager fund range

Santander is to launch a five-strong multi-manager range for UK financial advisers managed by Tom Caddick (pictured) and Toby Vaughan.  

The risk-rated Santander Atlas Portfolio range will bear an annual management charge of 0.40% in addition to an ongoing charge of 0.99%. The duo joined from LV= in 2010.

The team’s current Santander Max 70% Shares Portfolio has returned 14.2% over one year versus a Mixed Assets – Aggressive peer average of 15.1% while their Santander International Shares Portfolio has returned 17.9% versus 11.8%.

‘They have a long track record of delivering multi asset solutions to clients across the globe, and we are very pleased to deliver a range built exclusively for intermediaries as we are committed to success in this new space,’ said Jeff Scott, chief executive of Santander Asset Management UK.

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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