Samuel Sender, of Edhec-Risk Institute, looks at the issue of eligible assets in Ucits funds and the problems of misselling

Investors are being charged as much as £3bn a year more in annual fees than they should be, and that's just in the UK, according to a new fund management company called TCF Investments, which last week launched a retail fund range called 'The Total Clarity Funds'.

Multi-managers tell Lisa Kindle how they are adapting to changing investor needs, which include tighter risk management and more diversification into alternatives