Multi-asset survivors: Six funds still widely-held a decade later

Multi-asset survivors: The six funds still loved after a decade

Fund managers like sticky money. But investors can be fickle. In ten years of near 500% growth of FUM in the multi-asset world, only half a dozen of the top 20 funds have been loved consistently. Investment Week's sister title Professional Adviser looks at the ones still attracting the most cash...

Multi-asset investing has exploded in the last decade. Over that time assets under management across the range have grown from £21.5bn to £126.5bn - a mammoth increase of 490% - as investors seek diversification and one-stop-shop expertise. But few of the funds that attracted the lion's share of investors' money in the early years of multi-asset are as loved now. Funds under management is arguably far from the most important metric investors should look at when picking a fund. But when, of the top 20 funds by assets in 2005, just six still appear in that ranking ten years later,...