Which multi-asset strategy offers the best outcome prospects?

Wrong to lump all strategies together

The tendency to lump all multi-asset strategies together and see the sector as homogenous is wrong, particularly as the ultimate outcome for investors can be very different, depending on the approach chosen, according to Andy Davies, head of UK retail at Momentum Global Investment Management.

Multi-asset investing is now a well-established approach, with a broad range of providers offering many different types of strategy. Nevertheless, I am often surprised at the persistent tendency to consign all multi-asset strategies to the same bucket. The sector is seen as, for the most part, homogenous. I would argue that multi-asset investing is a broach church and the ultimate outcome for investors can be very different, depending on the approach chosen. The better-known multi-asset approaches tend to fall into two main camps: The first I would define as 'maximum return funds'. Th...