Multi Manager Funds

updated: January 22, 2010

The multi manager concept has been around for more than ten years but then there were just a handful of such funds available for investors. Now multi manager is one of the fastest growing investment products with news of new providers entering the market almost every month.

According to the Investment Management Association there is currently more than £7bn invested in multi manager funds.

In broad terms the multi manager product is the modern day equivalent of the stockbroker managing a portfolio of stocks and shares for his client. However, whereas the stockbroker would have tended to be employed only by wealthy investors, the minimum investment into a multi manager fund is usually around £10,000. In fact, by using fund supermarkets an investor with £1,000 can now invest into a multi manager fund.

There are two main types of multi manager fund. The most common is referred to as ‘fund of funds’ and the other is referred to as ‘manager of managers’.

To obtain further information please click here for our pdf Guide to Multi Manager Funds.