Multi-manager becoming a multi-market

This column has often focused on the fund of funds space and whether high levels of manager turnover...

This column has often focused on the fund of funds space and whether high levels of manager turnover in the sector will affect appetite for these products. Inflows into the latest entrants show something clearly is, although exactly what that might be is hard to pin down. Several surveys in recent years have highlighted the growing importance of multi-manager and with increasing burdens on advisers, outsourcing investment to experts has to be a growing trend. But three major launches into this apparently ballooning space over the last year or so - from Resolution Maia, Thames River an...