multi-manager

multi-manager
Ⅰ.
multi-manager UK US adjective [before noun] FINANCE, STOCK MARKET
used to describe an investment product in the UK that consists of a range of different financial products, reducing the risk to the investor: »

Investors have been playing it safe and turning to multi-manager funds, particularly those offering a cautious approach and steady income.

»

With the multi-manager approach you can get one set of statements and dividend payments.

Ⅱ.
multi-manager UK US noun [C] FINANCE, STOCK MARKET
a type of fund that allows investors to have their money in a range of financial products rather than risk everything on a single product: »

He predicts that multi-managers will account for a sizeable proportion of the UK funds market in the next five years.

Compare FUND OF FUNDS(Cf. ↑fund of funds)

Financial and business terms. 2012.

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