Tatton Investment Management has launched a trio of passive multi-asset funds in response to requests from advisers.
The funds, announced today (May 7), are designed to complement the firm's managed portfolio service and have Defaqto risk ratings of between four and six.
Justine Randall, chief commercial officer, said: “Adviser feedback has demonstrated the need for low-cost risk rated passive funds and we are delighted to launch the Tatton Passive Funds to meet that demand.
"Tatton are a business centred on meeting adviser needs and we will continue to drive down the cost of investing and deliver service excellence, supporting firms in delivering great client outcomes."
The three funds are called the VT Tatton Passive Cautious funds, the VT Tatton Passive Balanced and the VT Tatton Passive Growth.
The firm said they build on Tatton’s existing risk rated hybrid funds, the Tatton Blended funds.
Lothar Mentel, Tatton CEO and chief investment officer said: "We were keen to create new funds that benefit from our proven investment process and offer consistent repeatable investment performance at very competitive cost.
"We have designed the asset mix to complement our managed portfolio service to offer a consistent investment approach across our discretionary portfolios and funds."
The three passive funds make use of exchange traded funds as well as traditional tracker funds to create a low-cost flexible multi-asset structure using Tatton’s proved strategic asset allocation and investment process.
In March, Defaqto’s annual DFM Satisfaction Study found Tatton was the most recommended by advisers.
tara.o'connor@ft.com
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