Threadneedle targets CPI +4% with Real Return fund launch

Threadneedle has launched a Dynamic Real Return fund for head of multi-asset Toby Nangle, aiming to deliver equity-like returns with no more than two-thirds of the volatility.

The long-only, unleveraged fund will invest across asset classes including equities, fixed income, commodities, property and alternative investments. Targeting equity-like returns - broadly defined as CPI +4% - over a three- to five-year timeframe, the fund will be managed by Nangle (pictured) with the support of head of managed funds Alex Lyle and Threadneedle's Asset Allocation Strategy group. That group is comprised of Threadneedle CIO Mark Burgess, head of equities Leigh Harrison, head of fixed income Jim Cielinski, head of global equities William Davies and head of currency Matt ...