The broader joys of multi-manager

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Multi-manager is the fastest growing sector in the funds arena in terms of new entrants over the pas...

Multi-manager is the fastest growing sector in the funds arena in terms of new entrants over the past two years - if not in terms of new money inflows to their funds. But IFAs want to know how to add value after charges, beyond what they have achieved for clients, and also if multi-manager does anything really different to the existing marketplace and providers. There is no doubt additional charges which exist in a multi-manager offering increase the hurdle over which a manager must climb. However the difference in the overall cost of the cheapest and the most expensive offering is probabl...