Talbot looking to establish Fof trade body

Paul Talbot, formerly of Edinburgh Portfolio, is seeking industry backing for a trade body that will...

Paul Talbot, formerly of Edinburgh Portfolio, is seeking industry backing for a trade body that will represent fund of fund managers. Aiming for the support of the majority of companies that operate in this area, Talbot is in the process of setting up the Association of Retail Multi-Managers (ARM). "The thinking behind ARM is that it would take on the responsibility to promote the generic case for funds of funds (Fofs) and, working closely with the IMA, help to make both performance and sales statistics more meaningful and relevant to the sector," he said. "It is not the intention of AR...