Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

fund family

A fund family or family of funds is a set of funds that may have different investment objectives or invest in different asset classes, but are offered by the same fund provider. The advantage of having access to a fund family is that the fund management company will usually allow investors to move their assets from one fund to another at little or no cost.

 

fund family in the news

In May 2012 it was reported that asset managers' margins were increasingly under pressure. Morgan Stanley Smith...

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