Buy list concentration, the appeal of 'star' fund managers and liquidity issues can result in many fund buyers sticking to a select few vehicles, which in turn leads to high levels of AUM in a small number of funds.
However, they could be missing a trick; are there smaller, more nimble and therefore more attractive funds out there that are being overshadowed by household names? Or should investors retain conviction...
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation