Multi-manager

A FURTHER three members of the Credit Suisse multi-manager team have walked out.

F&C's multi-manager team has joined forces with Distribution Technology to create a suite of new fund of funds products tailored to four different risk profiles.

CREDIT Suisse Asset Management (CSAM) stands to lose over a third of its retail funds under management in the UK following the shock resignation of joint heads of multi-manager Robert Burdett and Gary Potter.

THE £110.6m Cazenove Multi-Manager UK Growth portfolio has lagged its peers because of its lower exposure to the mid-cap sector, said fund manager Mark Harries.

MULTI-MANAGER funds are increasingly being used by investors for their SIPPs, according to Fidelity International.

MARKS & Spencer Money has appointed HSBC's investment team to oversee a new ethical multi-manager portfolio.

MULTI-MANAGER firm Margetts has sold the Fidelity European fund from its International Strategy offering and replaced it with Schroder European Alpha Plus.

CAZENOVE Capital's multi-manager offerings are now worth over £300m.

IMS is keeping a close eye on Japan and technology stocks this year, which it has tipped as growth areas that could help fuel healthy gains in its multi-manager portfolios.

CLOSE Investments has expanded its multi-manager proposition by acquiring Aon Asset Management.