Dilution or Diversification?

Most retail investors find the concept hard to understand, given the presence of more people between the assets being bought and the end customer in most other industries usually means slightly higher prices and without any immediate sign of improvement in quality. There is also the difficult question which asks how many funds is too many, and at what point a policy of diversification of assets simply a dilution of money between an excess of smaller and smaller pots? Robert Burdett, joint head of multimanager services at Credit Suisse Asset Management, says diversification is about re...