Other Funds: Multi/Mixed Asset

Published by Philip Scott on 30 July 2015.
Last updated on 30 July 2015

According to trade body, the Investment Association, collectively we now have £899 billion invested in funds - pooled investment schemes sometimes referred to as unit trusts or OEICs.

But investing can be a tricky business, given the plethora of products on offer. In addition, investing is also a long-term business and there will be ups and downs, so patience is key. While there is no shortage of funds to choose from, finding fund managers who can deliver consistently is another matter.

Rob Gleeson, head of FE Research, a fund analyst, explains: "Generally, the most consistent managers are the ones with a strong core strategy. While they will have ups and downs across the business cycle, over multiple cycles they offer relatively stable returns."

To give you an idea of where you might want to squirrel away some cash, we've picked out 50 fund choices, as recommended by some of the UK's top fund-pickers. Our panel includes: Darius McDermott, managing director of brokers Chelsea Financial Services; Mark Dampier, head of research at Hargreaves Lansdown; Gavin Haynes, managing director of Whitechurch Securities; and Adrian Lowcock, head of investing at Axa Wealth.



A one-stop shop for investors, multi-asset funds can invest in shares, bonds and cash, plus commodities and other alternative investments including individual stocks.

44. JPM MULTI-ASSET INCOME - Five-year return: 44%

Haynes is backing the Talib Sheikh-managed fund, which looks to deliver an income alongside capital growth. It currently boasts a historic yield of 3.6%.

45. INVESTEC CAUTIOUS MANAGED - Five-year return: 33%

Manager Alistair Mundy uses a contrarian equity investment process. The aim is for the equity portion to drive long-term performance and the fixed- income portion to reduce volatility. "The fund has an exceptional long-term track record," says McDermott.

46. ARTEMIS STRATEGIC ASSETS Five-year return: 39%

Tipped by McDermott and Dampier, this fund is run by William Littlewood, who aims to achieve long-term growth by investing in UK and global assets. It aims to perform well when markets are favourable and retain capital when they are poor.