The tyranny of spreadsheets
How one of our most powerful tools became one of the most misused. …One of the striking lessons of the … Continue reading The tyranny of spreadsheets
Fee war escalates across Europe’s fund industry
Cut-throat price competition among tracker fund providers is fuelling the war on fees across Europe’s investment industry with active managers … Continue reading Fee war escalates across Europe’s fund industry
Have the FCA’s fund reforms changed the industry?
One year ago this month, landmark rules came into force obliging UK asset managers to come clean about the value … Continue reading Have the FCA’s fund reforms changed the industry?
US’s passive investing juggernauts break new ground in Britain
One of the strongest bastions of stockpicking, the UK is now following the US by embracing the low-cost, index-tracking approach … Continue reading US’s passive investing juggernauts break new ground in Britain
Liquidity, Brexit and job cuts spell tricky 2020 for fund groups – FT
… Mr Gillibert predicts one area of increased focus will be differences between the way retail and institutional investors are … Continue reading Liquidity, Brexit and job cuts spell tricky 2020 for fund groups – FT
UK funds still paying IFA commissions stand at £184bn – FT
Close to £184bn of UK investor money is languishing in expensive funds that still pay commissions to financial advisers, despite … Continue reading UK funds still paying IFA commissions stand at £184bn – FT
Fund companies cut costs to protect shrinking profits
… “According to analysis by Fitz Partners, the fund research company, investment companies have reduced their headline management fees by … Continue reading Fund companies cut costs to protect shrinking profits
Popular absolute return funds notch up high trading costs
… Hugues Gillibert, director at fund fee consultancy Fitz Partners, said: “During a year like 2018, one would expect to … Continue reading Popular absolute return funds notch up high trading costs
Third of UK retail assets still in commission-laden funds
More than a third of the assets owned by UK retail investors are in share classes that continue to pay … Continue reading Third of UK retail assets still in commission-laden funds
Mifid II: How it affects your investments
… This will “challenge the perception of some fund products being always better value”, says Hugues Gilbert, chief executive of … Continue reading Mifid II: How it affects your investments