Multi-manager mania

Keith Herd, our Independent Financial Adviser based in Perth, recently spoke with New Model Adviser about the topic of multi-managers, stating that investors should try to avoid focusing on headline charges, and instead think about how much value is being added after costs:

“Charges on multi-manager are now very competitive and certainly better than us trying to build a bespoke portfolio. It’s the old story of charges not being an issue if performance is there and we are confident with our providers that they will continue to compete well in their peer group,” he said.

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