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Vontobel launches multi-asset strategy for UK investors

Vontobel IF
The new strategy will target an annual volatility of 5 percent

Vontobel Asset Management recently launched a multi-asset strategy for investors in the UK, a local media reported. The company is an an active asset manager based in Switzerland.

The multi-asset strategy aims to achieve steady growth. It is reported that the strategy will target an annual volatility of 5 percent. In fact, the Vontobel Fund II – Vescore Active Beta Opportunities will offer clients access to a vast multi-asset portfolio, a local media reported.

Also, the asset manager has decided to increase its stake in TwentyFour Asset Management. Its stake will rise from 60 percent to 80 percent in 2021.

With that, the asset management partners of TwentyFour Asset Management will continue their responsibilities for operations and fixed income strategies. TwentyFour Asset Management is recognised to be one of the growth drivers in asset management over the last couple of years.

Since the initial acquisition, the bond boutique’s asset management has increased from €6 billion to €20 billion. That said, Vontobel pointed out that the coronavirus pandemic and drop in oil prices have had a serious impact on its business.

In fact, the two external factors have precipitated lower valuation of assets under management, a local media reported. This in turn has resulted in an 8 percent decline in client assets from €200 billion in the end of

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