invesco perpetual to build a multimanager business
Invesco Perpetual is planning the launch of its own multi-manager business in the run-up to RDR.
Multi Asset
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multi manager funds do not show well defaqto
Advisers looking to outsource their investment decision making to a multi-manager fund in the lead up to Retail Distribution Review implementation should choose carefully, as very few of these funds have managed to perform consistently since 2008, according to independent research company Defaqto.
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Man launches fettered Ucits multi-manager offering
Man Group has launched the Man GLG Multi-Strategy Fund.
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Funds of funds see best year on record, says IMA
Year-to-date net retail sales of funds of funds have totalled £5.1bn, the highest figure on record.
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Man launches European long/short fund of funds
Man has launched a Luxembourg-domiciled long/short European fund of funds.
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de Vere & Partners buys Programmes for Wealth International
De Vere and Partners, the international IFA firm, has bought web-based investment broker Programmes for Wealth International (PWi), its latest acquisition following the purchase of what was Financial