Asset Allocator's Soapbox: Steve Brann

Answer: They are all too easy to fake! While China and Asia have been faking luxury brands for decades, it has only been in the past year or two that UK multi-managers have decided to change the label on their funds to fake it and purport to be multi-asset funds. What investors must do, more than ever, is to look past the glossy multi-asset label and delve into the asset allocation of the fund to discover how truly diversified their funds are. At present, we believe many three or four asset class funds are now masquerading under the multi-asset label. Only truly diverse multi-asset f...