Fidelity's Clougherty tips multi-asset funds for 'exponential' growth

Boom predicted after pandemic plunge

Mike Sheen
clock • 2 min read
John Clougherty of Fidelity International

John Clougherty of Fidelity International

The multi-asset fund market is set to grow "exponentially" in the coming years, driven by stronger demand from the adviser market, according to head of wholesale at Fidelity International John Clougherty.

Fidelity cut fees on its £1bn AUM, five-strong Multi-Asset Allocator range in May from 0.25% to 0.2%, with the firm wagering that it can compete with industry giants in attracting growing inflows t...

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