The problem with pearls…

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The vast majority of multi-managers concentrate on one asset class. So those who cast their nets further afield are sure to get ahead of the game

With the volatile markets of the last two years colouring all our thinking, and the many uncertainties that still lie ahead, advisers find the temptations of multi-manager funds greater than ever. How beguiling - to concentrate on spending time with clients and on the more technical side of financial planning (inheritance, pensions, trusts and similar). Meanwhile, with markets difficult and many investors uncertain, why not hand over fund management to multi-managers? After all, they are the pearl divers of the investment world, swimming daily through the oyster beds of the investment in...

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