Funds of managed accounts are likely to be all the rage in
2010. Permal Group, the sixth largest fund of funds in the
world with $20 billion in assets, has launched the Permal MMF
(Lux) Advantage Multi Strategy Fund at the start of the
The Permal MMF (Lux) Advantage Multi Strategy Fund is Permal's
first multi-manager product to focus almost entirely on
underlying separately managed accounts,...