Fund of Funds

Fund of funds take-up has risen dramatically in the last 12months and is now an integral part of the retail investment sector, suggests the IMA's annual research.

Norwich Union has this morning confirmed plans to launch a manager of managers funds range next week.

Credit Suisse Asset Management has unveiled plans to merge its recently-purchased Artemis Fund of Funds into its own multimanager offering, through a two-stage process.

Artemis has just announced it is selling its multi-manager Premier Funds business to Credit Suisse Asset Management.

Fundamentals of the market for commercial property mean it should offer returns in the high single digits through this year, says Anthony Wyld, managing director Close Brothers Investment Limited.

2004 was both interesting and challenging for the multi-manager sector because in economic terms, it was a year which has not quite lived up to expectations.

Standard Life Investments yesterday launched its first push into the institutional private equity fund of funds market.

New Star is rebranding three of the global funds in its Fund of Funds range, to try and better reflect their investment objective and risk profiles.

Insight's multi-manager range is now available to an extra 1.7 million people as sister company Clerical Medical have opened access to seven of its funds to bond and pension clients.

Multimanager products began to gain momentum three years ago as a new concept of diversification in retail consumer investment.