What to ask when moving to a multi-manager

multi-manager

Many advisers remain confused over multi-managers, so here is how to select the best of type fund or fund manager, position the fund to perform well in the expected market environment and control risk.

Having visited a number of advisers in the past few months it is clear they are struggling to differentiate between the various fund of fund and manager of manager (multi-manager) offerings, and desperately need help. Moreover, like a tidal wave they are awash with more and more companies entering the multi-manager arena. This has led a number of advisers to conclude this is just the latest marketing fad from product providers, when in fact the multi-manager approach has been around for decades. The reason it has come to the forefront now is three-fold: The prolonged bear market made m...