Asset allocation

SMART MONEY

CASHFLOW

Adrian Gaspar, senior consultant at Defaqto, on how to run due diligence across risk rated and multi-manager funds

Pension fund managers are creating £3.1bn in undisclosed extra costs to consumers by excessively trading assets, new research has suggested.

Independent advisers who deal compliantly in complex products such as unregulated collective investment schemes (UCIS) should charge a premium for the service from 2013, Threesixty's Tony Bray has said.

Advisers are being warned they may come under scrutiny for using asset allocation tools linked to a single provider ahead of regulatory reviews next year.

Fidelity has launched low-cost versions of its Multi Asset fund range, run by Trevor Greetham, following moves by peers including Schroders to offer similar investment products.

Simon Evan Cook, investment manager at Premier Fund Managers, says the search for value opportunities is proving difficult

David Coombs, head of Multi Asset Investments at Rathbone Unit Trust Management, asks if investors should be turning to risk-free assets?

Barclays Wealth has launched a series of risk-profiled portfolios investing in ETFs to provide cost efficient access to multiple asset classes globally.