Omnis expands fund choice for investors

Omnis Investments, Openwork’s £7 billion specialist asset management company, is expanding the choice for its clients with the launch of nine new funds and the appointment of four new investment managers.

The new funds bring even more high-quality investment managers to the Omnis proposition and deliver increased diversification and asset class specialisation aimed at providing a best-in-class offering for investors. The four new investment managers are RWC Partners, Hermes Investment Management, AXA Investment Managers and Fulcrum Asset Management.

RWC will manage the Omnis European Equity Opportunities Fund; Hermes will handle the Omnis Absolute Return Fund; AXA will oversee the Omnis Short Dated Bond Fund; and Fulcrum will run the Omnis Diversified Returns Fund.

Jupiter Asset Management, Fidelity International and T. Rowe Price Investment Management, which already manage several Omnis funds, will run the remaining five funds.

The nine new funds are being launched as part of Omnis’s commitment to review its range of funds to ensure they provide investors with access to a broad range of asset classes and means four existing funds are closed with the assets transferred into the new funds. The closed strategies include US equity, emerging market equity, European equity and alternatives.