City Asset Management's five weird and wonderful investments

Although many multi-manager prefer to steer clear of investment trusts, structured products and smaller, unknown fund, Calder (pictured) sees a place in the portfolios for these alternative vehicles. Below, he lists his five favourite weird and wonderful investment ideas. Freehold Income Authorised fund The is an open-ended fund investing in ground rents, run by Time Investments. It was previously called the Freehold Income trust, but was converted into a Property Authorised Investment Fund (PAIF) in April, ahead of the ban on promoting UCIS vehicles to retail investors. The fun...