Tag Archives: Funds

Why we have actively managed funds


The FCA’s Asset Market Study is written with certain corrective bias’ and it should not be taken as the last word on the active/passive debate. A central focus is on the allocation of savings, particularly long-term retirement savings, to active … Continue reading

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The funds that time forgot.


We’ve all got guilty secrets at the back of the cupboard, those packets of flour purchased at college that you could never throw away (knowing the beer sacrificed to buy them); I even have guilty secrets glued to the back … Continue reading

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Beware the Channel Isles my son.


In the UK we fight financial fraud through the FCA,tPR and a variety of enforcement agencies which together are “action fraud”. Our Regulators are accountable for ensuring that organisations that they regulate behave properly and that investments that they offer … Continue reading

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“Strap me in and platform me up”


  One of the great financial mysteries of Britain today is the success of fund platforms. Last night, light was shed on their murky secrets by a high priest of their dark arts at a talk I attended in a … Continue reading

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Searching for the Loch Ness Monster


  The Investment Association has concluded that hidden charges within funds are like the Loch Ness Monster, much talked about but never seen. Presumably those of us consumers seeking to find the financial Nessie are like the cranks who sit upon … Continue reading

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Midsummer Madness as £3.5bn’s lost to real assets!


The Investment Association reported yesterday that jerks kneed £3,500,000,000 out of funds in June – “clearly Brexit has been unsettling, with property and equity funds particularly affected” – the report opined. Well £2.8bn was lost from equity funds and £1.4bn … Continue reading

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Buying our funds the Ottoman way. What British investors can learn from Turkey.


Last week at a meeting of the Transparency Task Force, I listened to Dr Chris Sier talk of his work in Turkey, understanding how that country’s regulators are getting to grips with fund costs and charges and ensuring that fund … Continue reading

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“Search and Stewardship” – all that we want from asset managers


  I spent yesterday morning listening to John Kay talk about the ideas behind his new book “Other people’s Money”. The big idea is that the UK asset management industry spends too much time talking to itself and not enough … Continue reading

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Another consultation on investments


  The reason we are having another consultation on investments is simple. It’s because the others haven’t worked. Will this one work? Only if it has genuine teeth. There are issues – unresolved issues – from previous consultations. Evidence has … Continue reading

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Why can’t we know what we pay for “fund management”?


We have the right to know what we are paying for funds. The cost of a fund can best be defined as the difference between what you would have received from a theoretical return on the assets in the fund … Continue reading

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