Pimco, the fixed-income specialist and Oechsle International Advisors, which focuses on global equities, are two of the specialist fund managers newly appointed by Inscape, the multi-manger subsidiary of Abbey National.

Abbey has rebranded its multi-manager service, which creates funds by blending a number of separate fund managers together. It has injected £400m (€575m) into the products, which will be distributed via its 780 UK branches.