Discretionary fund manager Copia Capital Management has launched five retirement income portfolios.
The Copia Select: Retirement Income portfolios, which are available across 17 fund management platforms, will provide greater choice for investors in decumulation and address the key risks of decumulation.
The portfolios follow a similar quantitative methodology to Copia’s accumulation models, however, a greater proportion is allocated to less traditional assets to provide diversification.
These alternative assets include hedge funds, infrastructure, real estate and commodities.
This retirement income range comes after Copia launched its Retirement Income Plus portfolios in May, which uses annuities as an asset class to provide more certainty in retirement for clients.
Robert Vaudry, managing director of Copia, said: “We firmly believe in the need to take a distinct approach to investing for decumulation versus accumulation. We also recognise that there are different ways to optimise asset allocation to maximise returns for investors while mitigating the specific risks associated with taking an income from investments.
“With the Financial Conduct Authority’s thematic review of retirement income advice putting a spotlight on decumulation, our two distinct retirement income ranges now offer advisers greater choice over the investment approach they can take to meet the different needs of clients at or in retirement.”