New Star's Tri-Star Unit Trust, which offers exposure to commercial property, bonds and UK equities in one fund, has been made available via Skandia's life, pension and fund supermarket fund ranges.
The fund is managed by New Star’s joint chief investment officer, Gregor Logan, who is responsible for asset allocation, determining the appropriate weightings in UK equities, bonds and UK commercial property.
Skandia is one of New Star’s earliest distribution partners, with links available since New Star’s retail launch in July 2001. More than 20 New Star funds are now available through Skandia’s onshore life, pension and fund supermarket ranges, as well as a choice of funds offered as offshore links through the Royal Skandia brand.
New Star is one of Skandia’s top five fund group partners in terms of the number of funds on offer and funds under management. Adding the New Star Tri-Star Unit Trust is only going to further strengthen this partnership, commented Richard Vincent, head of strategic fund partnerships at Skandia.