Multi-asset funds criticised in new report
16 October 2021
New report from Betafolio lambasts multi-asset funds as “a mug’s game”. The Multi-Asset Fund Report 2021 examined 94 fund families, consisting of 420 multi-asset funds, collectively holding almost £190bn of client money. The report states that, with very few exceptions, ‘rather than adding value through their asset allocation and fund selection, most multi-asset fund...
