UK- UK consultants believe that the multi-manager approach to investment will attract significant pension fund assets over the next five years, according to research carried out on the behalf of AIMMI, the Association for Institutional Multi-Manager Investing.

In a survey of senior investment consultants, the majority expected multi-managers to be managing between 16% and 30% of the pension fund market in five years’ time.

80% of the respondents believe that the multi-manager approach can help trustees to comply with the Myners report.

Smaller pension funds are expected to see the largest increase in employing a multi-manager approach, as it will allow them access to specialist fund managers, which they would ordinarily not be able to afford, or to whom they would not normally have access.