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The Fund of Funds market is a subset of the Wealth Management industry. It involves the pooling of funds from multiple investors to purchase a portfolio of other funds. This allows investors to diversify their investments across a range of asset classes, sectors, and geographies. Fund of Funds can also provide access to investments that may be difficult to access for individual investors.
Fund of Funds are typically managed by professional fund managers who are responsible for selecting the underlying funds and monitoring their performance. They also provide investors with a single point of contact for all their investments.
Some of the companies in the Fund of Funds market include BlackRock, Vanguard, Fidelity, JPMorgan, and UBS. Show Less Read more
