Quilter Cheviot Europe, the Dublin-based arm of wealth manager Quilter, has launched three new international funds.

The Quilter Cheviot International Funds are a series of multi-asset funds for international clients in three risk levels and four currencies: Euro, Sterling, US Dollar and Singapore Dollar.

The Quilter Cheviot International Balanced, Quilter Cheviot International Growth and Quilter Cheviot International Equity funds will invest in a combination of equities, fixed income, and alternative investments, including hedge funds, absolute return funds and commercial property.

Investment will be via both direct holdings and in third-party funds.

Advisers and clients can invest directly via Quilter Cheviot Europe or through one of 10 platforms.

The funds have a minimum investment of €20,000 (£17,200).

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Andrew Fahy, chief executive of Quilter Cheviot Europe, said the funds were designed in conjunction with financial advisers.

He said: “Introducing a unitised fund range will complement our discretionary portfolio offering, giving advisers the optionality when it comes to investing their clients’ money.

“It is important advisers have faith in the investments they are recommending to clients. As such, we have developed these funds based on feedback from financial advisers, and we look forward to working closely with them to provide a robust investment range to their clients.”

The funds are aligned to the core Quilter Cheviot asset allocation models, which serve as a guide for its discretionary portfolio service.

Quilter plc is a wealth management business which oversees £116.3bn in customer investments (as at 31 December). It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions and discretionary fund management.

The business has two branded segments: Quilter and Quilter Cheviot. Quilter encompasses the Financial Planning businesses, Quilter Financial Planning, the Quilter investment platform and Quilter Investors, the multi-asset investment solutions business. Quilter Cheviot includes the discretionary fund management business, Quilter Cheviot, together with Quilter Cheviot Financial Planning.