Multi-Asset Fund Trends in UK and Europe

Multi-asset funds have struggled to outperform their category indexes

While multi-asset fund fees are steadily decreasing in both the UK and Europe, they’ve fallen further and faster in the UK market, which has seen a much bigger embrace of lower-cost allocation funds, such as index-based allocation strategies.

Performance challenges continue to impact multi-asset funds in GBP, EUR, and USD allocation categories. These funds have struggled to outperform their category indexes, influenced by the effects of fees, asset allocation, security selection, and market-timing strategies. Download the report for a full analysis on these trends.