0 used to describe an investment product in the UK that consists of a range of different financial products, reducing the risk to the investor:
1 a type of fund that allows investors to have their money in a range of financial products rather than risk everything on a single product:
At one level, members can choose to allocate their assets/ contributions across a number of multi-manager diversified portfolios.
Individual members of superannuation funds allocate savings to investment managers indirectly through an entry-level choice from among multi-manager diversified and specialist asset allocation options.
Through a team of investment professionals across the world, it invests in equities, fixed interest, infrastructure, property, diversified funds and multi-manager funds.
During this period, the company purchased a majority interest in several boutique investment management companies to establish its multi-manager business model.
This type of investing is often referred to as multi-manager investment.
The amount of diversification within the fund can vary; funds may be multi-strategy, multi-fund, multi-market, multi-manager or a combination.