Schroder Investment Management has launched the Schroder ISF1 Global Target Return (the Fund) in Singapore. Schroders, one of the world's largest asset management companies, claims the new product will aim to grow wealth and preserve capital in all market conditions by flexibly investing across asset classes globally.

The Fund seeks to achieve stable returns above cash by flexibly investing in a diversified range of growth, defensive and diversifying assets from more than 40 countries across 15,000 stocks, 18,000 bonds and other investments, such as alternatives and currencies.

Through active asset allocation and robust risk management, the Fund's stated aim is to provide a sustainable income stream with monthly payouts.

"In today's uncertain investment environment, characterised by extended periods of volatility, investors are looking for peace of mind from an innovative solution that is able to deliver stable returns with reduced risk in all market conditions. This means that the strategy needs to be able to grow wealth to help Singapore investors meet their long-term financial goals such as retirement, as well as deliver a regular income that answers to needs in the nearer term. As such, we are introducing in Singapore the Schroder ISF Global Target Return, a fund that is designed to balance these aims," says Albert Tse, Head of Intermediary Business, South East Asia, Schroders.

The Fund is currently available to Singapore investors through Citibank, with more distributors expected to be on board over the next few months.