The multi-manager solution has gathered both momentum and success, says Richard Philbin, head of fund of funds at F&C Asset Management, and it is the ability to pick and blend the best funds that is key to a multi-manager's reputation
The success of the multi-manager proposition is, in large part, a function of the investment environment in which we now find ourselves. The heavy regulation to which the financial industry is subject means time and resources are increasingly scarce for today's financial adviser. Add to this an ever more complex investment world of multiple options and investment opportunities and it is little surprise product providers have sought to profit by providing a potential solution. Ironically, it is a solution to a problem to which they themselves have contributed - there are now more than 20,00...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
