Conjecture: Multi-manager retail sales hit £3.9bn in 2009, so what lies ahead?

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The panel discusses rise of multi-manager funds and their prospects for the future

According to the IMA, net retail sales of fund of funds totalled £3.9bn in 2009, the highest ever recorded. The panel discusses the rise of multi-manager funds, how these funds are positioned today and their prospects for the future. This week’s panel were Simon Wood, multi-manager, investment director at Swip; Tony Yousefian, chief investment officer at OPM Fund Management; and Roberto Demartini, associate director of fund research at Standard & Poor’s. There has been a very sharp increase in the amounts of money invested in multi-manager funds recently, what do you attribute this to...

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