Asset Intelligence calls for IA multi-asset sector rethink amid 'embarrassing' performance data

The white paper, The great multi-asset reset, found that more than 14% of £155bn held across the IA Mixed Investment 0-35%, 20-60% and 40-85% Shares sectors have consistently underperformed relative to their average peer over the past decade. What is more, one-fifth of all multi-asset funds in the sectors remained in the third or fourth quartile over consecutive five-year rolling periods between 2013 and 2020. "Multi-asset funds have not yet outgrown some embarrassing behavioural issues," author of the report Guy Shone said. "Designed to act as one-stop-shop investments that offer ...