Standard Life Investments (SLI) is planning to enhance its MyFolio risk-rated fund range with a range of absolute return portfolios Citywire reports. The portfolio range will have exposure to SLI’s Global Absolute Return Strategies (Gars) fund, which is managed by its multi-asset investment team, alongside a bond version of the Gars fund.The new range will be lead managed by former head of fund of funds at Gartmore, Bambos Hambi. Currently, SLI’s MyFolio range is composed of five risk-rated portfolios, including the MyFolio Market funds, the MyFolio Multi-Manager funds and the Standard Life MyFolio funds.
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