The growing choice of multi-asset Fofs may be spoiling investors for choice but a bit of healthy competition never hurt anyone
Like a selection of the latest high-concept breakfast cereals to hit Sainsbury's, many of the newest funds of funds available to UK investors make bog-standard equity-based funds of funds seem as exciting as a bowl of unbranded corn flakes. In part this reflects changes to Ucits III regulations over the last few years that have made the assembly and marketing of multi-asset funds of funds possible in ways that were not before. At the same time, investors actively crave the multi-asset, risk-spreading exposure these funds can provide, particularly in the current investment climate, exper...
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