Alex Farlow: Multi-asset education, education, education

Investors have often expressed a view that they fail to fully understand multi-asset funds. We would put this down to a number of factors, which include the extreme divergence in performance one can achieve, how funds are categorised, a lack of clarity and tangibility around investment outcomes and the range of potential asset classes available for selection. We explore each of these below. The first quarter of 2020 provided a great example of the dispersion there can be in fund performance. Looking at the difference in returns of the worst and best funds in the IA Volatility Managed sec...