How to assess the risk of managed funds

There has certainly been a lot of noise surrounding the Managed sectors of late. Not only have their Active, Balanced and Cautious labels come under increased scrutiny, but this year also saw one of the UK’s major retail banks – Barclays – served a £7.7m fine for mis-selling products in the space. However, funds from the Managed sectors remain a popular choice for investors and advisers. In its latest figures (April 2011), the IMA reported total net retail sales of £175m for the Cautious sector, £126m for the Balanced and £46m for the Active. The appropriate multi-asset funds will serve ...