Canada Life moves into UK retail space

Canada Life Investments is to make its first foray into the UK retail market place with a range of eight UK- and international-focused in-house Oiec funds.

Canada Life moves into UK retail space

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The funds will invest in international equities and offer exclusive access to the three Global Partner Series funds managed by the Great-West Lifeco Group, which target infrastructure, global resources and total return products.

Other firms within the Group include GLC Asset Management Group, Mackenzie Investments and Putnam Investments.

The move into the UK retail market follows a business review last year, which saw Canada Life convert six funds to an Oiec structure and launch two new funds. Charges have been structured to comply with RDR.

All 11 funds will initially be available on investment platforms from Cofunds, Nucleus and Transact.

 

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