Multi-Asset

For the year ahead I think everyone's desire would be for a fund manager to be able to state exactly what is going to happen over the next 12 months and exactly how they think their portfolio is positioned to benefit from that.

Portugal will need a bailout in 2011, but the future of the eurozone will depend on the fate of Spain, Italy and Belgium, says MAM Funds' Martin Gray.

Investec multi-asset managers Philip Saunders and Max King outline seven key themes for investors in 2011:

M&G has confirmed it is to launch a multi-asset income fund next week.

Skandia's flagship Global Dynamic Equity fund has reached £1bn in size 18 months after launch.

Rathbones head of multi-asset David Coombs plans to access the Chinese growth story indirectly by doubling his exposure to the Baring German Growth Trust.

Legg Mason's veteran US manager Bill Miller is "deadwood" following prolonged underperformance, says Chelsea Financial Services.

GLG Partners is launching a Ucits III version of its absolute return multi-asset global macro strategy.

North's John Husselbee is taking over management of the Way Group's MA Growth fund, replacing T. Bailey.

Aberdeen co-heads of multi-manager Graham Duce and Aidan Kearney have been building up cash across their MM range on expectations of near-term pressure for equity markets.