Bramson targets D2C push for F&C multi-manager funds

Edward Bramson completed his strategic review into F&C Asset Management today, revealing plans to expand its range of investment trusts and to market F&C multi-manager funds direct to consumers.

The new launches will focus particularly on the property sector, where the group is looking to launch a pan-European offering. A new equity investment trust is also under consideration, F&C said. The group added it had plans to promote its multi-manager range direct to clients, as it looks to benefit from changes in the retail landscape post-RDR. It said: "The group intends to introduce directly marketed multi-manager and multi-asset products, providing an opportunity for high incrimental profitability on new sales by leveraging its existign infrastructure." Meanwhile new recruit S...