Ventura Investment Management has reduced the pricing for its wholesale funds following the reappointment of Russell Investments as the funds' investment manager.
Ventura managing director Kate Mulligan said the decision behind the reduction was due to feedback from financial advisers.
Mulligan said the reduction represented up to a 25 per cent discount on previous pricing.
She said the cost reductions would be welcomed by many clients who were "increasingly cost conscious", but who still wished to invest in a range of active managers and asset classes.
The new pricing for access to a manager like Russell would encourage nervous investors to "dip their toes back into the water" at a time when equity markets represented good long-term value, she said.
Russell Investments intermediaries managing director Patricia Curtin said Russell continually evolved its offering to meet client needs and help investors and advisers "navigate regulatory change".
Meanwhile, Mulligan said a multi-manager approach would position advisers strongly ahead of the Future of Financial Advice (FOFA) reforms.
"The inherent efficiencies of a multi-manager fund are ideal for FOFA, as they help save advisers' time and assist in compliance management," she said.
"For example, auto-rebalancing between asset classes for our diversified funds allows an adviser to maintain consistency between client risk profiles and their investment portfolios, even in times of extreme market volatility."
