multi-manager
adjective[before noun]
FINANCE,STOCK MARKETukusused todescribeaninvestmentproductin the UK that consists of arangeof differentfinancialproducts,reducingtheriskto theinvestor:
Investors have beenplayingitsafeandturningtomulti-managerfunds,particularlythoseofferingacautiousapproachandsteadyincome.
With themulti-managerapproachyou can get one set ofstatementsanddividendpayments.
multi-manager
noun[C]
FINANCE,STOCK MARKETukusatypeoffundthatallowsinvestorsto havetheirmoneyin arangeoffinancialproductsratherthanriskeverything on asingleproduct:
Hepredictsthat multi-managers willaccountfor asizeableproportionof the UKfundsmarketin the next fiveyears.
Compare
fund of funds