Schroders is planning to create a multi-manager product based on its popular Income Maximiser range, which would offer investors a 7% yield and monthly income distribution.
Net inflows of £5.1bn have surged into funds of funds over the first three quarters of 2010, higher than any other annual sales level.
Fund of funds recorded their highest ever quarterly net retail sales in Q2 at £2.3bn, according to the IMA.
Retaining a disciplined and comprehensive investment approach will enable a private equity Fof to select the best managers, and ultimately drive returns over the longer term
PSigma Balanced Managed Fof head has negotiated the fund well through volatility