7IM has launched three passive, low-cost multi-asset funds.
The 7IM Pathbuilder range will be run by the firm's investment management team with an annual management charge of 0.22%. It will be underpinned by the firm's strategic asset allocation framework, which 7IM said has "a 17-year track record of delivering attractive inflation-adjusted returns through all market environments". The three funds were designed as a passive, low-cost option to complement existing strategies, the firm said, and are available on its own platform. They will be made available on other platforms soon. Fund launches and closures: 2020 as it happened 7IM managin...
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