Passing the buck

fund of funds

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Faced with time-consuming choices for investing a client's capital, advisers are looking to outsource the decision-making process, but are fund of funds worth the risk of rendering the adviser redundant?

The world of financial advice continues to become more cluttered with choices and options, and for the more astute adviser the world has moved ahead in leaps and bounds, from the days of with-profits (or rather without-profits) through to using vanilla flavoured poorly-performing tracker funds or managed funds. The modern investment climate now demands advisers create investment strategies for clients which deliver real returns. This has placed great pressure on advisers who have been forced to raise their game and upskill to meet client demand. An obvious question for any prospective cl...

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