Old Mutual Global Investors (OMGI) has expanded its Cirilium portfolio suite with the addition of two new multi-asset funds.

The new portfolios are named Adventurous, which is an active portfolio, and the Adventurous Passive. The propositions are targeted at investors seeking to take higher risks.

They have been launched following investor demand and developed in consultation with clients and advisers. The new fund launches takes the total number of funds within the Cirilium range to ten, including five active and five passive offerings.

The funds will be managed by Paul Craig and assistant portfolio manager Rasmus Soegaard.

Commenting on the new offerings, Craig said: “The launch of two new Cirilium portfolios, at the top-end of the risk appetite scale, demonstrates our commitment to acting upon client demands for solutions that meet their preferences and match their attitude to risk.

“We hope that the enhancements we have made will satisfy investors looking to take on a little more risk in order to experience the potentially significant gains that can be made in the global equities market.”