Merrill Lynch Investment Managers (MLIM) its to add Invesco as a guest manager for its stakeholder platform in the UK.
The appointment follows MLIM’s decision to offer Zurich Scudder funds alongside its own stakeholder products. More names are expected to be announced over the coming months.
Invesco will offer MLIM clients a global equity pension fund, a European equity pension fund and a managed pension fund.
By Janet Du Chenne