Multi-manager

LV Asset Management (LVAM) multi-manager team has added the LV= European ex UK Growth fund to its entire Managed Portfolio range.

F&C is changing the flexibility of the mandate on Dean Cheeseman's Multi-Manager Distribution fund from 1 August

Scottish Widows will be adding two of Swip's multi-manager funds to its core pension fund range.

Fund of funds that do not offer asset allocation as part of their investment approach are failing to do their job properly, according to Cazenove Capital's Marcus Brookes.

Skandia Investment Group's range of Spectrum funds has taken in £185m since launch one year ago.

Prism Capital Management is launching three new multi-manager vehicles to be managed by Octopus Investments.

Strong February inflows have driven Thames River multi-managers Gary Potter and Rob Burdett past the milestone £100m inflow mark.

Hargreaves Lansdown is launching a multi-manager Strategic Bond fund seeking out high yields from a range of bond vehicles.

T. Bailey is making a strong push in 2009 to offer third party investment and administration services to a number of IFA firms.

Passive funds consistently underperform both the index they are tracking and the average actively-managed fund over the long-term, T. Bailey claims.