With open architecture releasing a plethora of choice for the average investor, it is perhaps more

prudent for banks to guide consumers towards the correct asset allocation and product structure, rather than obsessively choosing individual funds. Elizabeth Cripps looks at the options

Mathieu Vaissié presents a pragmatic solution for investors to build their core hedge fund portfolio and then shows how they can implement a style rotation to design a satellite hedge fund portfolio. This core/satellite approach to alternatives can reduce risk exposure as well as increasing returns

The flexibility of strategic and tactical asset allocation coupled with a total return philosophy makes it an ideal buffer to today’s unpredictable market. John Foster looks into the types of assets on offer and how to deploy them

Ope Agbaje outlines some of the innovative credit-based solutions available as alternatives to traditional sovereign and credit fixed income strategies to fill the satellite space

Nelson Wicas looks at the importance of asset allocation, the case for indexing and the role for active funds in core-satellite portfolios

A bad October and Avian bird flu fears may have dented equity returns but investors are still bouyant about continued growth in the new year, writes Simon Hildrey