Multi asset funds continue to be the bright spot in fund management with an 8 percent increase in AUM over the last six months and double the number of such managers winning net new mandates than losing them. Among equity managers, concentrated funds have shown some underperformance as correlation has fallen and quants have seen a gain in asset share, as per a recent report on Fund Management Strategy by Nomura.
Multi Asset Funds Have Seen An 8% Increase
Nomura’s sample of 530 multi asset funds has seen an 8 percent increase in AUM year to date, most of which has been from capital...


