IW Long Reads: Rethinking the three-year itch - Time to change the rule on waiting 36 months before investing in a fund?

2020 market volatility prompts debate among advisers

According to recent Morningstar data, in 2020 alone a staggering 1,477 new UCITS and ETF vehicles available to UK investors, a figure with outpaced the number of closures (1,014) over the same time period. Unsurprisingly, ESG was the story of the year, with almost half of new funds carrying a sustainable mandate. The problem advisers have long faced when it comes to new launches is how long to wait before investing. One of the old adages used by many advisers is to wait for the fund's three-year anniversary. But is this concept growing outdated, or is it more important than ever in such...