How to pick the right multi-manager

From its origins in 1970s America, multi-manager investing has evolved considerably. No longer just a relatively simple, single-asset ‘fund of fund’ approach, multi-manager solutions today also include more complex multi-asset structures. However, what has remained constant is that, while multi-manager can be used as the basis for a variety of investment solutions, it is particularly useful in forming the diversified core of retail investors’ portfolios. Investors should consider how their multi-manager provider measures up before buying into their funds. First, a multi-manager pro...