Informed Choice managing director Martin Bamford has been quoted in an article on Trustnet, exploring the reasons for investing in multi-manager funds.
Martin Bamford, managing director at Informed Choice says he is yet to see conclusive research demonstrating that the extra cost associated with multi-manager funds results in sufficient additional performance. He adds it is less likely to happen in a low inflation, low interest economy, where returns are expected to be subdued.
“When the markets are roaring ahead, there is more scope for actively managed funds to outperform, but even in those times there is no guarantee that multi-manager will leave investors any better off,” he says.
You can read the article in full here and learn more about the investment advice process at Informed Choice here.
