Tag Archives: IRR
ARC question how 19 out of 20 funds claim to be “top quartile!”
94 per cent of wealth managers claim to deliver first-quartile performance by choosing different criteria to suit their needs. They can’t all be right. Investor beware, says @MoiraONeill https://t.co/sG3hKUZJQl — Personal Finance (@ftmoney) August 17, 2023 The FCA will read … Continue reading
Taking VFM seriously – “waiting for others to join”
The photo has me in the inset taking the photo in meeting room 9 on the 12th floor of BlackRock’s Copthall Avenue City HQ. Ten minutes later the room was full and people were on the call from Enfield … Continue reading
What if past performance was a guide to the future?
We all know the truism that you can’t predict the future by projecting the past. Henry Ford’s “History is Bunk” was the title of the first question on my S-level history exam. I remember writing then that history taught … Continue reading
Why value for money must be assessed on saver’s data
The numbers in the boxes above show how much value a group of savers have done with £523m invested in their pots. On the face of it, they have got a better return on average (4.75%) than if they’d been … Continue reading
Posted in advice gap, age wage
Tagged AgeWage, Consultation, DWP, IRR, Pensions, Performance
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Cheating with your IRRs is like cheating at golf.
Chris Flood of the Financial Times is again at odds with the Private Equity industry who he holds are fiddling their investment returns, confusing what they are saying investors get with what they actually get. This goes to the … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, IRR, Performance, Private Equity, subscription line finance
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Con Keating on “Risk and the Management of Investment Portfolios”
One of the few things that we know about risk is that it means that, over some future period, more things may occur than actually will eventuate. The role of an active asset manager is to seek to determine which … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Benchmark, Con Keating, Internal rate of return, IRR, pensions, Risk
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Are bonds “suitable” assets to meet the promises of a pension plan?
Pension funds are struggling to find suitable assets in which to invest, says Pat Race of KPMG in an article in FTfm. The headline of the article is that “North American Pension Funds grow assets faster than their … Continue reading
Posted in advice gap, pensions, Popcorn Pensions
Tagged Accrual, Bonds, equities, IRR, John Ralfe, LDI, pensions
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