Multi Manager Study

Over the last years, the business model of traditional funds of funds managers has been changing, with a notable shift towards more diverse investment portfolios. The underlying array of investments has widened and is now spread across all four quadrants of real estate investing (private equity, private debt, listed and direct real estate). The shift away from predominantly fund investing leaves ‘funds of funds’ terminology no longer fit for purpose when it comes to capturing this investor segment. As of 2024, what were previously INREV’s and ANREV’s Funds of Funds Study and Funds of Funds Universe have been renamed to Multi Manager Study and Multi Manager Investment Solutions Universe, respectively. 

The Multi Manager (formerly Funds of Funds) Study provides an overview of the multi manager industry globally, including insights by target region, by style and structure and other associated characteristics, as well as a detailed analysis of the performance of multi manager investment solution products. 
The study is international in scope, and is conducted in conjunction with ANREV in Asia Pacific.