Products February 9, 2009
DailyAccess Adds Target Plus Portfolios
DailyAccess Corporation has added Old Mutual Asset Management's Target Plus Portfolios to its product platform.
Reported by Nevin E. Adams
Introduced in 2008, the press release says that Old Mutual Target Plus Portfolios are the first target-date funds to combine retirement date horizons with individual risk tolerance. The 12 Old Mutual Target Plus Portfolios offer a multi-manager structure that employs 13 boutique investment managers.
Portfolio and glide path construction, along with personalized risk management, are performed by Ibbotson Associates.
Old Mutual Asset Management is the holding company for 19 distinct, boutique firms, including asset managers that specialize in high-quality, active investment strategies for institutional and individual investors; and the Old Mutual Asset Management Trust Company. The group’s parent is Old Mutual plc, an international financial services company based in London, with operations in asset management, life assurance, banking and general insurance.
DailyAccess Corporation is a retirement plan services company that provides solutions-based technologies integrated with professional and personalized client services, according to the release. More information is available at http://www.dailyaccess.com