About a year ago I joined Abbey's Multi Manager Service. At first when I met their Investment specialist I didnt know what to really expect. I always wanted to dabble in stocks and shares but didn't want to spend loads of money doing it. One year later and I've just made a 12.2% return with ... Read review
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Advantages: £25 minimum, Three choices of Funds, Top 18 Fund Managers Disadvantages: bi-annual statements, no website
...all. The Abbey Multi manager actually has 18 funds managers around the world looking after your money. According to the investment specialist Abbey pays them bonuses so they have to make you money or they dont get paid. Pretty Simple!!! When I did my own research I realised that they were actually some of the biggest Fund Managers around such as Merill Lynch, Barclays Global Group, Rossenburg & JP Morgan.
They great thing is I'm only paying £25 ... ...When I called Abbey they said I wasnt obliged to pay every month if I didnt want to. This Multi Manager is so flexible its unbelievable. If you want make lump sums their minimum is £250. Personally I wish it was lower, especially when you've got a few pounds lying around that you rather not spend.
When it comes to monitoring the performance though, that can be a little frustrating. They do send statements but only every 6 months so it can be a bit ...
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