FINLAND – Unit Linked Limited, the newly formed representative in Finland of UK life company Criterion Life Assurance, has appointed Edinburgh Fund Managers (EFM) as its lead investment manager.

Unit Linked will offer three funds of funds managed by EFM: global equity, balanced and cautious, and two equity growth funds, one for North America and one for the UK.

Other funds available through Unit Linked are run by various European managers, including Finnish investment bank Conventum.

“ The Finnish investment market represents less than 1% of the global market. Investors here have a real requirement for proper geographical diversification. Edinburgh Fund Managers has been selected specifically for its expertise in managing funds of funds and for its investment performance in North America and the UK,” says Graham Lean, managing director at Unit Linked.

Recently, in a separate move, Edinburgh Fund Managers announced that it is going to offer its range of UK open-ended investment company (OEIC) funds in New Zealand through investment company Armstrong Jones.