Making choices to suit

As global financial markets become more sophisticated, advisers are increasingly seeing the advantages of outsourcing investment selection to an expert. This frees up time to concentrate on the remainder of a client's financial planning needs, and it may produce stronger investment returns. But this leaves advisers with a dilemma: should they plump for the transparency of a multi-manager solution? Or, would their clients be better off with the personal touch of a discretionary manager? These outsourced solutions have come at the expense of traditional belt-and-braces stockbroking. The boo...