IFA firm Portfolio Optimiser are launching a portfolio construction tool putting intermediaries on competitive footing with fund of funds managers.
The biggest criticism of investing in multi-manager funds has been that they systematically underperform their relevant benchmarks.
Development of the ‘multi manager' investment concept has presented IFAs with an entry into portfolio management, which both the adviser and client might otherwise not have been able to afford.
Norwich Union is improving its range of funds of funds by switching to an unfettered style of investing.
Multimanager investments take two broad approaches: fund of funds (fof), and manager of managers (mom).
Miton Investments is launching a special situations fund of funds (Fof) in October. The group has gained FSA approval for the product but has not yet decided on the sector. Miton has already been running the special situations strategy as an investment...
Cofunds is looking to ratchet up what it charges providers to have their funds on the supermarket by up to 40%.
Group scoops awards at second annual multi-manager ceremony