Morley launches four new pooled pensions funds

UK – Four new pooled pension funds have been launched by Morley Fund Management in London.

The new funds are specifically specialist global equity (to outperform its benchmark by 3%); specialist managed (to outperform CAPS Balanced Median index by 2.5%); specialist UK equity (3% outperformance target against FTSE All share index) and UK core plus bond fund (1% against benchmark).

Morley ’s pooled pensions business has assets under management are worth £2.4bn (€3.9bn) The launch brings the total number of pooled funds in its product range to 29.

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