25
Feb
2019
CMA findings into investment consultants
We attended a Transparency Task Force event last month, where we again discussed the findings of the CMA report into investment consultants and fiduciary managers. We are of the opinion ...
10
Jul
2018
Oracle: Business structures matter in asset management
In a recent article in FT Adviser, Rory Maguire discusses how the business structures of asset management companies drive behaviours and affect client outcomes.
11
Jun
2018
A checklist for building value
Important work is to be done working with financial advice business owners on the challenging issue of their personal succession. But, perhaps more importantly, it is to make sure their ...
14
May
2018
Improving on transparency
When portfolio managers invest in listed companies, they have full transparency of the director share dealings in these companies. If, for example, the chief executive of one of their ...
30
Apr
2018
The net is not wide enough
Both retail and institutional customers are served by a mature advice layer that has a duty to place the interests of clients first. In the retail space, this is the domain of the ...
19
Mar
2018
Not much fat to cut in advice fees
In a recent article on FTAdviser, Rory Maguire discusses fee pressure on advisers. With the cost of active management slowly declining, the implication is that the cost of advice is ...
19
Feb
2018
Oracle: Mifid pressure on adviser charges
In a recent article on FT Adviser, Rory Maguire discusses the impact of MiFid on clients and advisers costs as well as the role platforms can play to support independence.
27
Nov
2017
Investment trusts: friend or foe?
In a recent article on FTAdviser, Rory Maguire discusses both the positives as well as the drawbacks on using Investment Trusts and how Fundhouse advises their clients in using them. To ...
7
Nov
2017
Is Active Management a Commodity?
In a recent article published in the Transparency Times magazine, Rory Maguire discusses the dicotomy of active fund managers believing that they are better than average yet the fees ...
The recently announced fund group mergers appear to be placing the investment industry on a path where we have fewer, larger competitors. Should clients be excited by this trend: a ...
21
Aug
2017
FCA Market Review Helps Clients
Last week, the FCA released their final report into the asset management sector in the UK. We are usually averse to regulators intervening where competition can solve market dynamics, ...
19
Aug
2017
Seek Poor Performers
Studies, like those done by Dalbar, suggest that investors, in aggregate, would prefer Fund A – in fact if they owned Fund B, the average client may sell it to buy into Fund A. Fund ...