What is indisputable is the issue of 'closet trackers' has long been a serious blight on the reputation of the whole active management fund industry.
ETFs enjoy record year in 2015
The number of multi-asset fund launches has accelerated this year, following the introduction of pension freedoms, begging the question: how many vehicles in the burgeoning sector can thrive or even survive in the longer term?
The retail industry appears to find endless fascination from monitoring inflows and outflows from particular funds and asset management houses.
Concentration risk in factor indices
War on 'rip-off' fees
Fitch Ratings looks at capacity
The news the government and the FCA are to launch a major review into consumer access to financial advice has been widely welcomed.
Could the passives tide turn?
Does the renewed focus on ‘active share’ (AS) represent a step forward for fund disclosure or simply a PR victory? The jury is still out.
The employment tribunal that had the whole of the fund management industry fascinated ended with a whimper last week.
Back in May, I wrote a comment piece on why the IMA’s original plans for its multi-asset Managed sectors posed a risk to advisers and their clients.
This year’s Thanksgiving will have provided a welcome time out for politicians and markets across the Pond. It is also a time to reflect on the state of the nation as everything closes down for the day and people retreat to spend time with their families.
Fidelity China Special Situations manager Anthony Bolton said the next 12 months should be a defining period for the country. In his view, investors will start to realise China is “not a house of cards that is going to collapse” and they will hopefully...
This quarter has been a tough one for the fund management industry as continuing uncertainty over the eurozone debt crisis hit sales and dragged down assets under management.
Two recent fund manager handovers have refocused our attention on firms’ succession plans.
Another week another damaging story for the structured products industry. The headline ‘FSA fines Credit Suisse UK £5.95m for structured product failings’ undoubtedly sent terror into the hearts of investors.
TIME TO STEP UP
With the sovereign debt crisis in full maelstrom and the bailout of Dexia bank unlikely to be the last of its kind, the threat of inflation would seem to be a long way from many people’s minds.
The ETF market is the latest segment of the industry to ask itself this question. It is a path which in the last decade has been trodden by the structured investments and split capital investment trust sectors.
The autumn party conference season inevitably brings the issues of tax to the forefront of the political agenda, and this year looks set to be no exception.
“The future is not about equities, the future is about income.” So said Stephen Drew, head of credit at Thames River, at the group’s annual investment conference last week.
Fidelity made the first significant move towards greater price transparancy through its platform FundsNetwork by publishing the fees it receives from fund management groups from 1 September.
Markets entered 2011 with discussions about what the ‘new normal’ would be. This is standard investor behaviour because we all like to feel we have a handle on what is going to drive markets either up or down.