Booming multi-asset funds not a ‘one stop solution’: BMO
Investors need to stop viewing ‘Rubik’s Cube’ multi-asset funds as a one stop solution to deal with all their needs, BMO’s Gary Potter has said.
Analysis: Why professional investors buy multi-asset funds
Multi-asset, or asset allocation funds, have been an investor favourite for years. But why would a professional investor invest in these one-stop shop funds?