On the first anniversary of the collapse of Lehman Brothers, fund management groups agree it was the "erroneous" decision to let the investment bank fail which almost crippled the global financial system.
While considered a good way for smaller funds to diversify, the reputation of multi-manager strategies has been tarnished, as Andrew Sheen reports
The financial crisis has shown that not all cash and money market funds are as safe as first thought. Sara Utecht discovers that trustees need to fully consider the risks involved