UK fund-of-funds retain popular status

A fund-of-funds is an investment vehicle that invests in other funds, offering diversification and portfolio management. The UK has the largest country share of the European fund-of-funds market, which has seen strong performances over the past two years. Fee reductions have contributed to this, with UK investors and advisors sensitive to rates. Contrastingly, excluding the UK, the European market has seen over €30bn in outflows since 2023. What are the most-held equity funds within UK fund-of-funds? How are European fund-of-funds constructed? Has market concentration affected portfolio make-up?...