Apollo Multi Asset Management is boosting its fund range by launching two new funds, Investment Week reports. The group is unveiling the IFDS Apollo Multi Asset Defensive and the IFDS Apollo Multi Asset Adventurous funds on June 1, 2011.

The portfolios will invest across closed-ended and exchange-traded funds, structured products and physical property and be managed firm’s founder, Steve Brann and Tom McGrath, investment director, Craig Wetton, and senior fund manager Ian Willings. Apollo is also renaming the Cautious and Balanced funds as the Multi Asset Cautious and Multi Asset Balanced fund.

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