Coutts & Co., a private banking house, wholly owned by Royal Bank of Scotland Group, has announced the launch of its Coutts multi-asset line of funds.
Comprising seven, UK and global, RDR-compliant UCITS funds, the range of funds aim to deliver long-term returns by investing in a broad range of asset classes including cash, bonds, equities, commodities and property, the company said.
The funds are managed to a defined risk budget, helping to fulfill clients' individual investment objectives with an appropriate investment strategy. The funds benefit from the full scale of Coutts' global research and investment expertise.
UK Chief Investment Officer Alan Higgins and his team will manage the four UK-focused funds while the three global funds will be lead-managed by Europe CIO Norman Villamin and his team in Zurich, the company added.
Gayle Schumacher, Head of Investment Office at Coutts, comments: "This range of funds plays a vital role in the evolution of our wealth management capabilities and provides a transparent, cost-effective, RDR-compliant investment solution.
"Our stringent 4x7 risk management process allows us to match clients' individual investment objectives and risk profile with the appropriate investment strategy. The Coutts multi-asset funds allow us to best meet our clients' needs in providing a simple way to achieve long-term returns through a tax efficient diversified portfolio with institutional buying power."