How fund of funds have fared

Other responses to this week's Incisive Buzz questionnaire

This week, we asked advisers whether they are recommending fund of funds (Fofs) more now than a year ago. Here are some of the responses. • They are very expensive and advisers using them are abdicating their responsibility to clients. • Not significantly as they were already recommended. • Fund of funds recommendations form about the same percentage of my total investment recommendations now as they did a year ago. • We prefer to select the funds for specific needs rather than sub-contracting the selection by using Fofs, which can cater only for general requirements. • I have ofte...