This week we meet Guy Molcho, the only Octo member who dared to go public with his portfolio (plenty of Octo members are playing in private). Guy works at Global Fund Capital Introduction, a Spanish company specialising in third-party fund distribution in Europe, so he should really know his stuff!
The trend for outsourcing investment has grown sharply in recent years, and with the advent of pension freedom it is only going to get bigger. Model portfolios and robo-advice are currently the talk of the town, but in the background funds of funds have been hoovering up assets.
According to Fundscape’s latest report Deconstructing the UK Funds of Funds World, FOF assets may only represent 12% of the total fund industry AUM (June 2015), but they punched well above their weight with 52% of industry sales in H1 2015. So in short, it pays to be part of this expanding market.