130/30 must prove itself more than a fad

After the flood of multi-asset launches earlier this year, the latest fad appears to be 130/30 funds...

After the flood of multi-asset launches earlier this year, the latest fad appears to be 130/30 funds, with several groups racing to bring products to the market. Resolution and UBS appear to be the front runners so far, with Thames River, F&C and JPMorgan all expected to launch into the space later in the year. With the FSA also consulting on increasing retail access to fund of hedge fund products, there should be plenty of access to alternatives available for clients who want it. The question, as ever, is whether these complex products are suitable for a retail audience. And the answer,...