The growing attraction of multi-manager funds

ment diversification across a wide spectrum of asset classes and geographic regions, as well as the blending of investment styles (for example growth versus value). In doing so multi-manager providers have access to research on a range of world class investment managers, some of which may not be available to non-institutional investors. Each fund captures the expertise and skills of four to five specialist managers from different investment firms. Each manager runs a portion of the overall fund independent of the other managers. For example, a global growth equity fund may have an asset ...