Marlborough’s IFS appointed as ACD for Evenlode and Wise Funds

Marlborough’s Investment Fund Services (IFS) has been appointed as the authorised corporate director (ACD) for investment manager Evenlode’s three UK-domiciled funds, Evenlode Income, Evenlode Global Income and Evenlode Global Equity. The funds have more than £5.5 billion of assets under management.

IFS has also been appointed as ACD for multi-asset investment manager Wise Funds’ two funds: Wise Multi-Asset Growth and Wise Multi-Asset Income, which have almost £150 million of assets under management.

As ACD, the role of IFS includes taking ultimate responsibility for the funds’ compliance with Financial Conduct Authority regulations and ensuring the funds are managed in the best interests of their investors. In addition, IFS will take on fund administration responsibilities for the five funds.

Richard Goodall, Marlborough’s CEO, said: “We’re looking forward to a long and successful partnership with Evenlode and Wise Funds. The role of the ACD is a significant one, acting as an independent steward overseeing how a fund is run and helping to protect the best interests of investors. We’re delighted these two companies have chosen us to take on this important responsibility on behalf of the investors in their funds.

“Evenlode and Wise Funds share a similar culture to our own, with a ‘can-do’ approach and a commitment to making a difference for investors by delivering first-class outcomes.

“We’re very much looking forward to working with their teams and using the breadth and depth of experience within Investment Fund Services, and the wider Marlborough Group, to support our common goal, which is to see these funds continue to go from strength to strength.”

For more information about the Evenlode and Wise funds visit the Investment Fund Services website here:

https://www.ifslfunds.com/our-sponsors

‍

‍

‍

‍Capital is at risk. The value and income from investments can go down as well as up and are not guaranteed. An investor may get back significantly less than they invest. Past performance is not a reliable indicator of current or future performance and should not be the sole factor considered when selecting funds.