Multi-Advisor Fund


DEFINITION of 'Multi-Advisor Fund'

An investment fund that is managed by more than one investment manager, each with a particular specialty. The goal of the multi-advisor fund is to make investment decisions based on multiple professional opinions, rather than relying on a single person to have comprehensive knowledge of investment options.

BREAKING DOWN 'Multi-Advisor Fund'

The multi-advisor fund tends to have a very specific international focus; for example, a fund may invest in high-grade South American debt and Asian equities, with one manager responsible for South American debt and a team responsible for the Asian equities component. As investment options become more complex, multi-advisor funds become increasingly necessary to fully understand the markets and businesses in which we invest. "Multi-advisor fund" is most commonly used to describe a type of hedge fund.

  1. Hedge Fund

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  2. Global Fund

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  3. Active Management

    The use of a human element, such as a single manager, co-managers ...
  4. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  5. Fund Manager

    The person(s) resposible for implementing a fund's investing ...
  6. International Fund

    A mutual fund that can invest in companies located anywhere outside ...
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