Morningstar

Comments from Defaqto

Improving portfolio diversification

Offers fund selection and asset allocation

Fees as low as 0.04%

Male fund managers outnumber females by nine to one in US

Fallen to £81m

Since the end of 2007, European equities have underperformed US equities by 63% on a real total return basis (in local currency terms).

Difficulty in finding attractively priced bonds

Corporate governance improving

Highest inflows and outflows of the year