Multi-asset strategies are the shiny new toys in the investment arena. Asset management companies are making a fervent pitch to investors to put their money in multi-asset allocation funds. Most recently, Edelweiss Mutual Fund and WhiteOak Capital Mutual Fund have introduced their offerings in this space. Three more AMCs—Bank of India Mutual Fund, Kotak Mutual Fund and Shriram Mutual Fund—are lining up variants under this category. This sudden push for multi-asset strategies is not coincidental. ..