Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Threadneedle unveils multi-asset income fund for pensions revolution

Threadneedle unveils multi-asset income fund for pensions revolution

Threadneedle investments has launched a multi-asset income fund for Toby Nangle as investors get set for major changes in the way they manage their pensions.  

The Threadneedle Global Multi Asset Income fund invests across a range of asset classes, including equities, bonds, cash and property.  

Nangle (pictured), who is head of multi-asset allocation at Threadneedle, believes this type of product is well placed to take advantage of the revolution in pensions, which will see the requirement to buy an annuity upon retirement scrapped in 2015.

Nangle said: 'Individuals and the industry are still coming to terms with the long-term implications of the government’s pension reforms. Where people choose not to purchase an annuity, their pension savings will need to generate a significant investment return in order to see them through retirement.

He added: 'Companies like Threadneedle will be entrusted with ensuring retirement assets are appropriately preserved and growth in excess of inflation is achieved, while also ensuring enough income is available to live on.

'This fund offers investors the opportunity to diversify their investment pot by delivering income and returns from an appropriately balanced range of assets.'

The product combines Threadneedle's core investment capabilities of multi-asset and income, with head of EMEA sale, wholesale, Gary Collins pointing out around 40% of the group's assets under management are in some form of asset allocation mandate.       

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter