So-called asset allocation mutual funds are enjoying a renaissance in investment flows. Along the way, the group’s undergoing an image upgrade. In the old days, the notion of owning multiple asset classes in a mutual fund that owned other mutual funds was widely dismissed as an excuse for layering fees on top of fees. A new generation of asset allocation mutual funds is attempting to reform that image. In the December issue of Wealth Manager, your editor took a closer look at the new-fangled multi-asset class mutual funds. For the details, read on….