Fuelled by the growth of individual funds, multi-manager itself is also developing. But how is the investment structure evolving?
There have been changes afoot in the multi-manager sector recently. Looking at the sheer volume of individual funds on the market, it is hardly surprising that multi-manager is experiencing so much growth. But is there a difference between the type of multi-manager fund launching today and the sort of fund that was available two to three years ago? Is there tangible value being added through the latest multi-manager funds? Well, rather frustratingly the answer is both yes and no. Yes, there has been an increase in the range of asset classes that are available in the retail multi-manager s...
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