'Don't index in multi-asset just for the sake of it' - Justin Onuekwusi

Third of five videos with LGIM multi-asset team

Victoria McKeever
clock • 2 min read

Factors such as cost may be leading more people to consider an indexed approach to multi-asset investing but they should not assume this is equally effective across all asset classes, warns Legal & General Investment Management (LGIM) multi-asset manager Justin Onuekwusi in this video interview.

Talking to Professional Adviser editor Julian Marr in the above video Onuekwusi (pictured) considers why index funds are increasingly being used in multi-asset strategies and later goes on to make the distinction between a 'multi-index' manager and a 'passive multi-asset' manager. While few multi-asset portfolios took any sort of indexed approach prior to 2008, he says, the performance of many active funds in the years since the financial crisis and, of course, considerations of cost have driven huge growth in the sector. Onuekwusi explains: "Firstly, given the unbundling of share cla...

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