SBG and Henderson Global Investors launch Optimum
→ Sesame Bankhall Group (SBG) and Henderson Global Investors today officially launch their new joint venture, Optimum Investment Management, following approval from the Financial Services Authority.
The new company has established its own board and investment committee with equal representation from both shareholders.
Optimum comprises four unique multi-manager portfolios that are designed to be blended together in different proportions to suit a range of risk appetites. They will give investors access to a full range of asset classes and are populated by funds selected by the award-winning Henderson multi-manager team from the whole universe of available funds in the market. Henderson multi-manager director Tony Lanning is lead manager of the Optimum solutions, with Helen Bradshaw as co-manager.
Optimum enables advisers to construct a tailored portfolio that precisely matches each client's risk appetite, which through regular reviews can be maintained and adjusted on an ongoing basis. Optimum forms part of SBG's integrated wealth management solution, which incorporates risk profiling and a practice management system that links through to investment platforms and funds.
The Optimum strategy de-risks the advice process for advisers, who will benefit from Henderson's experience in running low-cost strategies, allowing advisers to offer the unbundled share class of the investment solution at a TER of 1.05 per cent. It can be accessed through a number of leading platforms including SBG One – a bespoke version of AXA Elevate's wrap platform – and will also be available as mirrored funds within the product ranges of most major providers.
Danny Knight, Associate Director at Henderson Global Investors, comments:
In light of continuous change in regulation and client needs, the launch of Optimum Investment Management, a joint venture with Sesame Bankhall Group, comes at the right time. It is important that fund management groups understand what clients and advisers require and are prepared to change and evolve their business and create new products. Working alongside the UK's largest distributor of financial services through intermediaries, we look forward to helping clients achieve their investment objectives by delivering performance that meets their expectations.
Visit the Optimum Investment Management website