Multi-manager funds have been around for a while now and are growing in popularity. Philip Morse, Gartmore's multi-manager product specialist takes a closer look at the state of the industry
It is fair to say that over the last 20 years there have been many changes in the investment world. The demise of with-profit funds, the introduction of life company internal managed funds, the launch of Skandia a company only offering external fund links - a strategy the industry said would never work! (Oh how times change). Throw in the painful "boom/bust" technology cycle and we get to today. Today's latest fad is multimanager investing but, is it a fad? It has certainly been around for a number of years although now it seems to have become the much talked about subject. Now that life a...
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