RL360° adds 28 new funds to product range

Isle of Man-based offshore investment specialist RL360° has added 28 new funds and six new managers to its range of products, following a review.

The funds will be available on its Quantum, Oracle, Paragon and LifePlan products, the firm said in an announcement on Tuesday.

The six new fund houses are Kames Capital, Legg Mason, Matthews Asia, PIMCO, Polar Capital and T Rowe Price.

For the Quantum, Oracle and Paragon products, the new funds include a number of GBP funds, some regional small and mid-cap equity funds, and two new ethical funds.

For the LifePlan product, equity funds have been added from five new sectors and five new houses, as well as three new ethical funds.

RL360° product and investment manager Andrew Dudgeon said the additions reflected the feedback of clients.

In addition to its headquarters in the Isle of Man, RL360° has offices in Hong Kong, Lebanon and Dubai. In December 2015 it acquired CMI Insurance Company Limited from Lloyds Banking Group, a deal that brought its assets under administration to more than US$10m (£7bn).

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