Advisers dump less wealthy clients into multi-asset
The size of a client’s wealth is important in helping advisers decide which investment strategies to use, but it is not the only factor to consider.
Model portfolio risk labels ‘dangerously naive’
The Financial Conduct Authority has taken aim at risk-targeted model portfolios in its platforms study, which has sparked calls for platform providers to re-evaluate “subjective” branding and the amount of information they disclose.
Industry demands a tougher regulator on Mifid II
The FCA has vowed to review Mifid II six months after it came into force, but industry figures believe it must stamp its authority on non-conforming firms and the unbundling of research costs if the directive is to be successful.
Concerns advisers blindly buying into strategic bonds
The return of inflows into sterling strategic bond funds has raised concerns advisers are blindly allocating money into the sector without understanding it is not just a one-stop shop for outsourcing fixed income asset allocation.
Industry ramps up relocation plans as Brexit nears
Luxembourg and Ireland are the top jurisdictions set to benefit from asset managers shifting operations to new locations over the next five years, according to a State Street survey.