PPS Investments launches the Global Balanced Fund of Funds

Duane Littler, Business Development Executive at PPS Investments

PPS Investments has launched the PPS Global Balanced Fund of Funds, a global multi-asset fund of funds that gives investors exposure to global equities and fixed income markets via selected skilled foreign asset managers.

Duane Littler, Business Development Executive at PPS Investments says that this is a multi-managed global balanced fund of funds that invests in international markets and is diversified across managers and strategies. “The appointed international managers have all been approved by our trustees after careful due diligence by our investment team.”

“The fund will have a bias to managers that invest in developed markets, and who complement each other. The fund is suitable for investors with discretionary assets they wish to invest in international markets, or as part of a building block approach in a Regulation 28 portfolio, and who do not wish to make the international manager selection themselves,” he explains.

The PPS Global Balanced Fund of Funds will typically have at least 60% invested in global equity markets but will be diversified across manager strategies and asset classes including hedged equity and fixed income markets. Littler says that, “like the rest of our core range, the fund will have a bias towards high conviction active managers, and will make use both of specialist managers and managers with multi-asset class capabilities.”

The benchmark will be calculated as a 60% weighting to the MSCI All Country (AC) World Index and a 40% weighting to the Citigroup Global Government Bond Index.

PPS Multi-Managers will manage the fund, which forms part of the PPS Portfolios range. “We use a multi-manager approach, combining the strengths and expertise of selected experienced underlying asset managers for optimal diversification across manager styles and to meet the investment objective of the investor.”

“As multi-managers we spend a considerable amount of time undertaking thorough research into local and global managers, so investors avoid the arduous and challenging exercise of selecting managers themselves. We visit these offshore managers at least once a year at their own offices and monitor them carefully and continuously,” states Littler.

The PPS Global Balanced Fund of Funds augments the strategy of PPS Investments to offer intermediaries and investors alike a complete suite of investment options, and has been available to retail investors since 01 December 2015.

“As your clients start planning for their finances in 2016, it may be worth ensuring they have sufficient offshore diversification matched to their needs and risk tolerance,” concludes Littler.