Omnis Investments hits £5bn AUM milestone

Omnis Investments has hit £5bn in assets three years on from the launch of its range of 10 funds.

Omnis Investments hits £5bn AUM milestone

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Launched in 2014 Omnis, a range of funds only available to Openwork advisers, includes strategies managed by Baillie Gifford, Jupiter, Schroders and Woodford Investment Management.

The 10 strategies now have more than £5bn in assets under management and invest across a number of areas from developed and emerging equities to global bonds and alternatives.

The fund range also includes multi-manager, managed and income options.

Philip Martin, marketing director at Openwork, said: “Reaching this milestone is testament to the power of the relationship between Openwork advisers and Omnis, and we are thankful for their ongoing support.

“Omnis is always looking to improve and add new services to satisfy client needs and the progression of the network. A busy 2017 has seen the launch of the discretionary service, OMPS, which has had a great start and is already gathering assets at pace, and we expect to expand the single-strategy fund range by the end of the year.”

The group recently launched a discretionary management service, Omnis Managed Portfolio Service headed by CIO Toni Meadows, formerly Towry’s head of investment services.

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