Multi-asset investing poses unique challenges

Active multi-asset funds can use a variety of means to achieve strong risk-adjusted returns. While some are successful, many are not. The different types of allocation strategies can offer solutions for investors’ specific needs, but evaluating relative performance is challenging. It is essential for investors to understand the strategy, process, and promises made by the managers to see if strategic asset allocation and/or security selection is the dominant driver of performance and whether tactical allocation plays a role. Read on to discover the challenges and opportunities in multi-asset...