LONDON, 16.04.2009 – Managing Partners Limited, the boutique fund manager, is pleased to announce that the institutional share classes in its Traded Policies Fund are now available to investors via the Royal Skandia Portfolio Bond following popular demand for the asset class from investors.

As a result, retail investors will be able to access the fund’s institutional share classes, which offer the benefit of lower fees, including an annual management fee of just 0.3 per cent and no initial charge. The share classes are available in sterling, dollar and euro denominations. The minimum investment is US$50,000 or currency equivalent.

TLPs are US-issued whole of life policies sold before their maturity date to allow the original owners to enjoy some of the benefits during their own lifetimes. They are gaining increasing recognition for their ability to deliver steady, predictable returns uncorrelated with other asset classes.

The Traded Policies Fund is also available via portfolio bonds offered by Irish Life, Prudential, Scottish Equitable, Standard Life, Scottish Provident International, Norwich Union International and Quantum.

Jeremy Leach, Managing Director of MPL, commented: “We are delighted that our Traded Policies Fund is now available on Royal Skandia’s Portfolio Bond, which is one of the most popular offshore wrap products, favoured by investors and advisers for its ease of use in putting together portfolios of funds to match investors’ requirements.”

“The inclusion of TLP funds on more and more wrap platforms is a sign of the times as investors look for access to alternative asset classes. There is widespread disillusionment among investors with the main asset classes, as well as with profits, which have failed to deliver. The smooth, predictable returns of 8-10% per annum, which TLP funds can produce, make them a very attractive option in giving stability to portfolios.”
The Traded Policies Fund had a stellar year in 2008, demonstrating its non-correlation with other asset classes: the Fund’s GBP Institutional share class delivered 10.56% in the 12 months to 1 January 2009 net of all charges and the GBP Growth share class, which is available to retail investors, returned 10.47% net of all charges over the same period.

Research carried out among IFAs and institutional investors at a masterclass in London showed that more than two out of five (44%) attendees planned to increase their exposure to TLPs by up to 10%; over one in 10 (12%) said they would do so by 11-20%; and nearly one in four (24%) said they would do so by more than 20%. None said they would reduce their exposure while the remainder (8%) were undecided.
 
For further information on Managing Partners Limited range of funds, call 0207- 965- 4631 or visit (www.managing-partners.com).

Notes to Editors
* Survey was carried out among 25 institutional investors and IFAs at a masterclass at the Waldorf Hilton in London on 13th February

Managing Partners Limited (MPL) is a multi-disciplined investment company that specializes in managing alternative asset classes for institutions and sophisticated investors. It is a market leader in managing funds that invest in traded policies, an asset class that is renowned for its low-risk, inherent guarantees and balanced growth characteristics.

The board of MPL has more than 70 years’ collective experience in asset management.

MPL is recognized by the Cayman Islands Monetary Authority as an asset manager, where it manages a number of collective investment schemes and regulated mutual funds with total assets in excess of US$100 million.

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