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Andrew Leto, Michael Leto of Emerge Named EY Entrepreneurs

Andrew Leto, Michael Leto of Emerge Named EY Entrepreneurs
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Andrew Leto, Michael Leto of Emerge Named EY Entrepreneurs Of The Year 2021 Mountain Desert Region

Andrew Leto, Michael Leto of Emerge Named EY Entrepreneurs Of The Year 2021 Mountain Desert Region
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The case for investing in Fund of Funds


The case for investing in Fund of Funds
By Andrew Ludwig
The pandemic and resultant market roller coaster was a red flag for risk-averse investors who do not cope well with extreme market volatility, a hallmark of most of 2020. We recently interviewed the fund managers at New Road Capital and Flagship Asset Management to discuss the Fund of Funds investment approach, a strategy that has been shunned for its fees, but should not be forgotten for its intended purpose of diversification.
A Fund of Funds, also referred to as a multi-manager investment, is a pooled investment fund that invests in other funds, typically other mutual funds. The portfolio essentially contains different underlying portfolios of other funds affording greater diversity and reduced risk. ....

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