Graham Bentley: The evolution of multi-asset investing has stalled

Under the sun

clock • 6 min read

Risk-badging aside, argues Graham Bentley, the evolution of multi-asset investing has stalled while the method of its delivery has actually reverted to its origins

For the last 50 years, the core proposition of the retail investment management industry has been the ‘managed fund'. Originally packaged for the aspiring everyman - and everywoman, presumably - as ‘not putting all your eggs in one basket', the founding product of the unit-linked life assurance industry was rather sniffed at by the more sophisticated stockbroking community. In the 1980s - and thus before trail commission on unit trusts was invented - a new breed of adviser eschewed managed solutions, preferring to sell their expertise as an investment expert via building portfolios of si...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Multi-Asset

Multi-Asset and MPS Roadshow: Join us in a town or city near you!

Multi-Asset and MPS Roadshow: Join us in a town or city near you!

Hear from Aberdeen Investments, Downing, Rathbones, Aviva Investors and Quilter

Professional Adviser
clock 13 August 2025 • 1 min read
Multi asset: What is the current opportunity set for fund managers?

Multi asset: What is the current opportunity set for fund managers?

'Multi-asset solutions are increasingly rising to the top of fund groups' retail sales agendas'

Benjamin Reed-Hurwitz
clock 11 August 2025 • 4 min read
Rathbones launches 'true active' MPS range

Rathbones launches 'true active' MPS range

More initiatives in the pipeline following IW&I integration

Linus Uhlig
clock 24 July 2025 • 1 min read