Confusion remains over multi-manager classification

It says a lot for our financial services industry that most people still do not understand the difference between a fund of funds and a manager of managers - if the professionals in the financial services industry are not clear, then what chance does the private investor have? Research carried out by Fitzrovia has compared some of the main issues relating to these multi-manager schemes and may shed some light on some of their key aspects. This will assist investors in making better evaluations on which scheme may be best for them. The key issues which I think are relevant are as follows...