The boutique multi-managers will deliver the goods

Happy 15th Birthday, Investment Week! My how time flies… By coincidence it is also 15 years since we founded our multi-manager team at Rothschild.

What has changed in our corner of the asset management industry during IW’s life? And what do the next 15 years hold? Back in 1995, there were only a handful of serious multi-manager businesses – Rothschild, Henderson and Portfolio. Today, Lipper tracks over 80 providers. I think it is fair to say multi-manager funds are now the staple diet for many IFAs – indeed, the last eight quarters spanning the credit crunch have all seen good positive multi-manager inflows, and current asset levels are at an all-time peak. And there is good reason for this as the multi-manager structure and phi...