Old Mutual launches inflation-beating 'generation' multi-asset range

Old Mutual Global Investors has launched a four strong multi-asset fund range for John Ventre, which aim to beat inflation over the long term.

The fund range, called Generation Funds, is aimed at investors seeking regular income, with the funds aiming to generate a total investment return ahead of inflation over a rolling five to seven year period. Julian Ide, CEO of Old Mutual Global Investors, said the funds will be aimed at the post-retirement market. "Innovation and the creation of tailored investment solutions are at the heart of our new business and help meet the demand from a large group of investors looking to secure their futures post retirement," Ide said. The Generation funds will be marketed under the Skandia ...