More than two-thirds (69%) of advisers think multi-manager funds will get a boost from the Retail Distribution Review (RDR), an industry poll has found.
A survey of advisers at the recent Multi-Manager Forums also showed 53% intend to increase their use of multi-manager funds over the next six months. Some 84% said they are already recommending multi-manager funds to their clients. Providers Cazenove Capital Management, Henderson Global Investors, Jupiter, Skandia Investment Group and Thames River hosted the forums across the country. Some 65% of advisers think the diversification benefits of multi-manager are the key driver behind its increase in popularity ahead of the RDR. Some 62% also said outsourcing asset allocation was a benef...
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